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.

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From the Peoples Summit in Santiago de Chile, an unambiguous NO to FTAs and BITs

By Manuel Perez-Rocha, Intitute for Policy Studies

Juanuary,  2013

I recently participated in the Peoples Summit in Santiago de Chile, which gathered to elaborate proposals, rally and confront the European Union – Community of Latin American and Caribbean (CELAC) Heads of State Summit. For the first time Latin American and Caribbean countries met the European Union fortified under this new integration scheme.

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Statement of Networks Participating in the Peoples Summit in Santiago, Chile

A Response To The Critics Of “Profiting From Injustice”

Source: Kluwerarbitrationblog.com

January 2, 2013

By Pia Eberhardt, Corporate Europe Observatory, and Cecilia Olivet, Transnational Institute

At the end of November, Corporate Europe Observatory and the Transnational Institute published Profiting from Injustice, a report that looks at the role of law firms, arbitrators and third-party funders in investment treaty arbitration. In it, we argued that the arbitration industry has fuelled an investor-state dispute boom

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IMF: Trade obligations may work against financial stability goals (December 2012)

Source: Coc.org

Rethinking Bretton Woods | Fri, Dec 28, 2012

By Aldo Caliari

An article comments on the IMF’s institutional view on management of capital flows.

According to a recent paper by the International Monetary Fund, the obligations of countries under trade and investment agreements may reduce the policy space for countries to implement capital controls necessary to preserve financial and macroeconomic stability. “[M]ost

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BIPA talks put on hold

Source: thehindu.com

21 January 2013

Sujay Mehdudia, NEW DELHI

In a significant development, the Union Government has ordered a freeze of all Bilateral Investment Protection Agreements (BIPA) negotiations till a review of the model text of BIPA is carried out and completed. This follows a spate of show cause notices on the Government by foreign companies seeking to recover their investments under the agreement.

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Infinito loses arbitration over Venezuela gold deposits

Source: Mineweb.com

18 Jan 2013

A 2002 decision to strip Infinito of rights to develop the Las Cristinas mine did not breach a bilateral investment treaty between Canada and Venezuela, says the ICSID tribunal.

CARACAS (Reuters) -

A Washington-based international arbitration panel has dismissed a claim by Canadian mining company Infinito Gold against Venezuela relating to a long-running dispute over the development of gold deposits in the

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Arbitration body sides with Venezuela in dispute with Canadian company

Source: Edmontonjournal.com

By The Associated Press January 17, 2013

CARACAS, Venezuela – An international arbitration body has dismissed the claims of a Canadian mining company in a dispute with Venezuela over investments in a gold mine in the country.

Venezuelan Attorney General Cilia Flores announced Thursday that the Washington-based International Centre for Settlement of Investment Disputes dismissed the claims brought by Vannessa Ventures Ltd.

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People’s Summit of Latin America, the Caribbean and Europe for Social Justice, International Solidarity and in Defense of the Commons

Source: Enlazandoalternativas.org

See also the new web page : http://cumbrechile2013.org

Call

Between the 26th and 28th of January 2013 will be held in Santiago, Chile, the EU-CELAC summit. In the same framework will be the CELAC meeting in which the Government of Chile will provide the leading of the regional block to the Government of Cuba.

The participating governments have decided to put as main

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Robert Mugabe to re-possess BIPPA farms

Source: Thezimbabwemail.com

January 14, 2013

HARARE – The Minister of Justice and Legal Affairs, Patrick Chinamasa says the government has the right to continue re-possessing land under the land reform programme.In rant in Harare Chinamasa also said even farms under Bilateral Investment Promotion and Protection Agreement (BIPPA), can be acquired on condition the government can fully compensate the affected owners.The recent eviction and arrest

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Goldcorp’s mine in El Salvador a ‘threat’ to human rights: government

Source: Mining.com

Cecilia Jamasmie | January 14, 2013

The government of El Salvador has asked the Inter-American Commission on Human Rights (CIDH) to help the country push for a halt of Vancouver-based Goldcorp’s (TSX: G), (NYSE: GG) Cerro Blanco gold-silver project in southern Guatemala, reports La Información (in Spanish).

The article says El Salvador’s human rights defense attorney general (PDDH), Oscar Luna, claims Cerro

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Tribunal dismisses $56.1 million claim against Ecuador

Source: Internationallawoffice.com

January 10 2013

Introduction

A United Nations Commission on International Trade Law (UNCITRAL) arbitration tribunal has rejected a $56.1 million claim against the Republic of Ecuador under the US-Ecuador Bilateral Investment Treaty. The tribunal ordered the claimant to pay $2 million in legal costs to the respondent. The underlying dispute arose within the framework of a licence for the generation of power

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High-level group to give green light for EU-US trade deal

Source: Euractiv.com

January 10, 2013

The high-level working group on growth and jobs, set up at the last EU-US summit in November 2011, will give the go-ahead to launch negotiations for a transatlantic trade agreement, said Irish Prime Minister Enda Kenny, whose country holds the rotating presidency of the EU.

After meeting European Council President Herman Van Rompuy in Dublin, Kenny told reporters he understands the report

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