services


Bolivia found liable for violating the FET standard and the prohibition to adopt arbitrary measures when implementing nationalization on the pension system
The tribunal rejected Bolivia’s objection on jurisdiction and, on the merits, found that Bolivia had breached the FET standard and the prohibition to adopt arbitrary measures. BBVA was awarded USD 94.8 million in damages.
Próspera vs. Honduras: Corporate colonialism
Indo-US Trade Policy Forum likely to be held in early 2023
The TPF is a premier forum to resolve trade and investment issues between India and the US, focusing on agriculture, investment, innovation (intellectual property rights), services and tariff and non-tariff barriers.
Belarus, UAE discuss possible agreement on free trade in services
The Economy Ministry of Belarus and the Ministry of Economy of the United Arab Emirates have held online technical consultations to discuss the possibility of concluding an agreement on free trade in services and investment.
China to implement negative list for cross-border trade in services
China will implement a negative list for cross-border trade in services, expand opening-up in the services sector and bolster digital trade to shore up economic growth, said government officials.
ITACO launches multi-billion dollar arbitration against Vietnam
Tan Tao Investment & Industry Corporation launched a billion-dollar arbitration proceeding against Vietnam under the agreement between the United States and the Socialist Republic of Vietnam.
ECOWAS regional experts meet on the draft Ecowas common schedule of specific commitments on trade in services for the African Continental Free Trade Area (AfCFTA)
To date, a total of forty-three (43) African countries are State Parties to the Agreement of the AfCFTA, including twelve (12) ECOWAS Member States.
The tale of Zhongshan Fucheng v. Nigeria: how investment treaties help safeguard Chinese investments abroad
A tribunal found Nigeria in breach of its obligations under the China-Nigeria BIT and awarding Zhongshan compensation of around USD70 million.
Turkish firms move WB, seek $230m award against Pakistan
Two Turkish waste management companies have filed a complaint in the International Centre for Settlement of Investment Disputes (ICSID) seeking a $230 million award against Pakistan
Britain launches free trade deal talks with Mexico
Britain is launching talks over a free trade deal with Mexico, looking to add services to its current agreement as well as aiming to increase trade in the financial and digital sectors.