About the Project

The Network for Justice in Global Investment is a joint effort by citizens and organizations in a variety of countries to challenge one of the most anti-democratic aspects of the global economic order – the rules governing international investment. Read More.

Multimedia

More than 100 Economists Call for Trans-Pacific Trade Deal to Allow Capital Controls to Prevent Crises

February, 2012

Source:

Global Development and Environment Institute Contact: Kevin Gallagher: (978) 290-2080 (c), kpg@bu.edu

Institute for Policy Studies Contact: Sarah Anderson: (202) 787-5227 (o), sarah@ips-dc.org

Click here for the full statement and list of endorsers.

In advance of Trans-Pacific trade talks, over 100 economists are sending a letter today urging negotiators to promote global financial stability by allowing the use

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Doe Run Peru takes government to court again

Source: Peruthisweek.com

By Nick Rosen

February 27, 2012

The rocky relationship between mining and metals company Doe Run Peru and the Peruvian government has taken another twist, as the company has sued the government before Indecopi.

According to El Comercio, the company is suing to have the government removed from its list of creditors, after Indecopi recognized the debt that Doe Run Peru owes

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Arab CSOs criticise EU trade and investment agreements with Southern Mediterranean

Source: Eurostep.org

Following the decision of the EU to further its trade and investment ties with the Southern Mediterranean, the Arab NGO Network for Development (ANND) together with 42 civil society organizations from Egypt, Tunisia, Morocco, Jordan and other Arab countries, sent a letter to European Union institutions, calling for an assessment impact on human rights. If these strategies are to be in line

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Proposed Greek Collective Action Clauses Law May Trigger Its International Law Obligations

Source: Kluwerarbitrationblog.com

February 24, 201

By Daniella Strik, Linklaters

It is said that Greece’s government has introduced legislation to its parliament this week that will allow it to enforce losses on bondholders in a write down of Greek debt. Unofficial sources have said that pursuant to the proposed legislation collective action clauses (“CACs”) will be introduced in Greek law bonds with retroactive effect. See

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Friend of the Earth statement on injunction issued by tribunal in Chevron-Ecuador case

Source: FOE

February 17, 2012

Today an international investment tribunal ordered the government of Ecuador to suspend its enforcement of court judgments by the Provincial Court of Sucumbios against oil giant Chevron — judgments that resulted from massive dumping of toxic waste in a previously pristine rainforest region. The order applies to enforcement actions sought both “within and without Ecuador” – presumably including the

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Public Citizen statement on ruling in favor of Chevron

Source: Public Citizen

February 17, 2012

Speaking of the Chevron case, there was just a major development. Here’s the ruling, and here’s our statement:

Will Chevron Case Take Down Trade Pact ‘Investor-State’ Enforcement System?

Unprecedented Ruling Today by International Investor Tribunal Orders Ecuadorian Government to Violate Its Constitution, Interfere in Its Independent Court System to Help Chevron Evade Liability for Amazonian Contamination

WASHINGTON,

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Swiss, Belgian sentenced to jail in Italy asbestos trial

Source: Ottawacitizen.com

By Paola Italiano, Reuters February 13, 2012

TURIN, Italy – A Swiss tycoon and a Belgian baron were convicted by an Italian court and sentenced to 16 years in jail on Monday for negligence that led to more than 2,000 asbestos-related deaths in the biggest trial of its kind.

The case in Turin could set a precedent for proceedings worldwide about safety

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The costs of ICSID arbitration and the consequences for the enjoyment of social rights in El Salvador

February, 2012

By the Foundation for Studies on the Application of Law (FESPAD, a Member of the National Roundtable on Metallic Mining in El Salvador)[1] [2]

The legal proceedings initiated by the mining company Pacific Rim[3] against the Salvadoran state before the International Center for the Settlement of Investment Disputes (ICSID), is today waiting on a resolution. This is because the three arbiters who will

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Compilation of information about Venezuela´s formal denouncement of the “Convention on the Settlement of Investment Disputes between States and Nationals of Other States” establishing ICSID

February, 2012

This is a compilation of articles published from a variety of international media sources. It includes a collection of voices within the debate expressing opinions on the decision of the Venezuelan government to denounce the ICSID Convention within the context of a multibillion-dollar lawsuit filed by the oil company Exxon Mobil Corp. against the country.

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India loses arbitration case against Oz firm

Source: Indianexpress.com

Maneesh Chhibber : New Delhi, Thu Feb 09 2012

(The arbitral award is available publicly and can be downloaded from here)

As first reported by this newspaper, White Industries went into arbitration — the second time it did so in the same case — against Coal India, with which it had a contract for supply of equipment and development of a coal mine

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Harper hails ‘strategic importance’ of China deal

Source: Theglobeandmail.com

Stephanie Levitz Beijing— The Canadian Press Published Wednesday, Feb. 08, 2012 6:16AM EST Last updated Wednesday, Feb. 08, 2012 2:19PM EST

The conclusion of 18 years of talks with the Chinese for an investment protection deal marks a historic step forward in Canada-China relations, the prime minister said Wednesday.

At the end of his first full day in China, Stephen Harper held

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PERUVIAN GOVERNMENT CONTINUES TO GIVE IN TO THE PRESSURES OF DOE RUN PERU, YET THE COMPANY IS NOT WITHDRAWING ITS ARBITRATION

Source: Manosperu.org

February, 2012

In the face of the imminent re-opening of the operations of the La Oroya Metallurgical Complex, which is administered by the company Doe Run Peru, and without any evidence showing the intention of providing an integrated solution to the environmental contamination that continues to afflict the city, we state the following:

Over the years, the negative impacts of the operations

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Venezuela’s Icsid test

Source: The Lawyer

6 February 2012

Will Thomas, partner, Eversheds

 Country may not dodge investment cases by pulling out of disputes convention

On 24 January Venezuela gave notice to the World Bank of its denunciation of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, following in the footsteps of Bolivia (2007) and Ecuador (2009). This 1966 convention

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Environmentalists threatened, murdered in El Salvador

Source: Friends of the Earth

Posted Feb. 2, 2012 / Posted by: Bill waren

Salvadoran environmentalists are fighting for a ban on destructive mining projects in the face of physical attacks at home, and legal attacks from abroad authorized by a U.S. trade agreement.

Since 2009, community leaders, staff of a local radio station and a priest have been threatened, assaulted, or intimidated for

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