With tax authorities pressing with over Rs 21,000 crore in unpaid dues, Finnish telecom major Nokia has invoked the Bilateral Investment Promotion and Protection Agreement (BIPA) India has with Finland to resolve the dispute.
A prominent international lawyer has launched a scathing critique of the international arbitration system that deals with investor-state disputes, describing the investment treaties that give rise to this system as "weapons of legal destruction"
Entangled in a protracted tax mess in the country, Nokia has said that it would like to address the issue under the bilateral investment treaty between Finland and India, sources told The Indian Express.
While Uruguay has been celebrated by liberals around the world for its bold steps to regulate cannabis, with new rules taking effect this week, its similarly pioneering attempts to control smoking of another, legal plant – tobacco – has earned it powerful enemies.
The EU-Canada trade agreement – which may be concluded on May 8 at the Foreign Affairs Council – should not be used as a ‘Trojan horse’ to smuggle in a controversial Investor-to-State Dispute Settlement (ISDS) warned the European Trade Union Confederation (ETUC).
Vodafone Group Plc has abandoned the conciliation process and started international investment arbitration against the Indian government over its long-running tax dispute.
The EU-Canada trade agreement – which may be concluded on May 8 at the Foreign Affairs Council – should not be used as a ‘Trojan horse’ to smuggle in a controversial Investor-to-State Dispute Settlement (ISDS) warned the European Trade Union Confederation (ETUC).
Germany’s vice chancellor is underlining doubts about the need for new investment rules in a proposed European Union-U.S. trade deal — a thorny issue in the talks.
While US President Barack Obama hoped to kick Keystone XL out of the way by delaying a decision ahead of mid-term elections, Ottawa is considering launching a challenge under the North American Free Trade Agreement (NAFTA).
The Qatar-based satellite network Al Jazeera served Egypt with a $150 million compensation claim on Monday for what it said was damage to its business inflicted by Cairo’s military rulers, a step likely to worsen Qatari-Egyptian relations.