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Source: publiceye.ch Philip Morris has been nominated by REDES for a Public Eye Award (for worst corporation of the year) for suing (under a bilateral investment treaty) the Uruguay government for its tobacco control measures to reduce smoking. Philip Morris is able to sue Uruguay because of the investor protection provisions in its bilateral investment treaty, the same provisions that are Source: ase.tufts.edu/gdae/ Capital, both domestic and foreign, is an essential ingredient of economic growth. However, in developing nations with relatively weak financial systems, capital flows need to be managed so as not to trigger financial crises. Capital controls and other capital management techniques serve this end. There is a new consensus within the economics profession in general and the IMF in particular that capital Source: world-psi.org Dear colleague, We are writing to urge you to reject the inclusion of investment protection provisions, including an investor-state arbitration mechanism, in the proposed Canada-EU Comprehensive Economic and Trade Agreement (CETA). These provisions, based on NAFTA’s Chapter 11 investment rules, will clearly erode the ability of governments to act in the best interest of their citizens. Similar provisions Source: Upside Down World Written by Milagros Salazar Monday, 17 January 2011 (IPS) – The U.S. mining and metallurgical company Doe Run has once again challenged the Peruvian government. The Renco Group, of which it is a subsidiary, notified the government of its plans to start an international arbitration process, invoking the free trade agreement between this South American country and the United States. Source: washingtonpost.com By Amanda Becker Monday, January 3, 2011 A recent explosion of cases before an arm of the World Bank Group that facilitates the resolution of international investment disputes has proven advantageous for area law firms, generating work for burgeoning practice groups that are largely based in the District. Over the past few decades, international arbitration has come into favor as January 5, 2011 Source: bilaterals.org Corporate press release from The Renco Group, Inc. and Doe Run Peru S.R.L. Government of Peru’s actions toward Doe Run Peru said to violate trade treaty between United States and Peru Renco Group files notice of intent to commence international arbitration NEW YORK, Jan. 5, 2011 /PRNewswire/ — On December 29, 2010, The Renco Group, Inc., on its own Source: nasdaq.com QUITO -(Dow Jones)- A Tribunal of the International Centre for Settlement of Investment Disputes said it can’t resolve an arbitration lawsuit from U.S.-based Murphy Exploration & Production Company against Ecuador. The International Centre for Settlement of Investment Disputes, or ICSID, said it didn’t have the competence to deal with the dispute, according to a press release from Ecuador’s Attorney’s office. Murphy filed December 21, 2010 Source: canadians.org The Council of Canadians and The Canadian Union of Public Employees (CUPE) released a report last week raising serious concerns about the threat a trade deal with the European Union poses to Canada’s public water systems. Public Water For Sale: How Canada will privatize our public water systems is a report to municipal, provincial and territorial governments regarding the December 16, 2010 Source: canadians.org Ottawa, ON — Canada’s already challenged public water systems are under threat from a broad free trade agreement being negotiated by Canada and the European Union (EU). A new report released today, Public Water for Sale: How Canada will privatize our public water systems, warns that public water in Canada will be lost unless the provinces and territories take |
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How they threaten communities and the environment, and how we can change them.
We provide this documentation from the ICSID web page for a critical analysis. It includes the list of cases that this tribunal has filed and managed historically and until 2009.
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