The whole process of mitigating illicit financial flows, therefore, cuts across several jurisdictions.”. • LCIA: London Court of International Arbitration Minority shareholding in an Argentinean vehicle company, incorporated by the claimant and other members to a consortium that had a 25-year highway system construction concession. Instances where the respondent failed to appoint an arbitrator, and the latter was appointed by an “appointing authority”, are not recorded separately (i.e. Investments in a hydroelectric power plant and a thermal power plant. UNCTAD Secretary General, Mukhisa Kituyi said Africa needs an estimated $200 billion a year to achieve the SDGs, but only about half that amount is available. What is the hink-pink for blue green moray? For arbitrations brought under the ICSID Convention Arbitration Rules or ICSID Additional Facilities (AF) Rules, the year in which the claim was registered by ICSID is used. Information about breaches alleged is primarily derived from the claimant’s request of arbitration, claimant’s memorials and/or arbitral decisions. President Uhuru Kenyatta of Kenya hailed UNCTAD’s Africa eCommerce Week as a “major milestone” on the road to a digital Africa as he officially opened the event in Nairobi on 11 December. UNCTAD's Work Programme on International Investment Agreements (IIAs) actively assists policymakers, government officials and other IIA stakeholders to reform IIAs with a view to making them more conducive to sustainable development and inclusive growth. ARB/97/3). Nigeria’s President Muhammadu Buhari said: “Illicit financial flows are multidimensional and transnational in character. The information included in the Navigator is collected from publicly available sources. Investments in the construction of 5,000 Housing Units & Service Building in Tripoli City under a contract with the Government. Portfolio investment held by local subsidiary that had entered into numerous commercial leasing agreements. Whenever a claimant or the tribunal refer to “expropriation”, without distinguishing between “direct” or “indirect”, such distinction is made on the basis of the factual background of the case and the context of the claimant’s claims and tribunal’s findings. The latest UNCTAD IPA Observer highlights the critical role of investment promotion agencies (IPAs) during, Investor–State Dispute Settlement Cases Pass the 1,000 Mark: Cases and Outcomes in 2019, With the expansion of global trade, investment and technology over the last decades, international investment. Order for the discontinuance of the proceeding for lack of payment of the required advances issued by the tribunal dated 27 November 2012, pursuant to ICSID Administrative and Financial Regulation 14(3)(d), Compañía General de Electricidad S.A. and CGE Argentina S.A. v. Argentine Republic (ICSID Case No. Indirect shareholding in two natural gas distribution companies, each holding a license granted by Argentina to supply and distribute natural gas in seven provinces of that country. ISDS data set in excel format (as of 31 July 2019) ARB/15/48). Copyright © Blue Sky Publications Ltd. All Rights Reserved. Shareholdings in two companies, Grupo Concesionario del Oeste (“GCO”, 48.6 per cent) and Autopista del Sol S.A. (“Ausol”, 31.6 per cent), that hold toll highway concessions. The Nairobi Azimio outlines the important role of UNCTAD as the focal point within the United Nations system for the integrated treatment of trade and development in the areas of finance, technology, investment and sustainable development. The ISDS Navigator contains information about known international arbitration cases initiated by investors against States pursuant to international investment agreements (IIAs). ARB/17/17). Indirect shareholding in three local enterprises engaged in the distribution and transport of electric energy in Argentina. When did organ music become associated with baseball? • Decided in favour of neither party (liability found but no damages awarded): the arbitral tribunal found that the respondent State committed one or more breaches of the applicable IIA but did not award monetary compensation or non-pecuniary relief to the claimant investor. For further information, please contact us via the online contact form. Tertiary: I - Accommodation and food service activities, Convial Callao S.A. and CCI - Compañía de Concesiones de Infraestructura S.A. v. Republic of Peru (ICSID Case No. ARB/03/21). Instances where the respondent failed to appoint an arbitrator, and the latter was appointed by an “appointing authority”, are not recorded separately (i.e. The latest UNCTAD IPA Observer highlights the critical role of investment promotion agencies (IPAs) during, Investor–State Dispute Settlement Cases Pass the 1,000 Mark: Cases and Outcomes in 2019, With the expansion of global trade, investment and technology over the last decades, international investment. Whenever possible, information about amounts claimed and awarded is obtained from primary sources such as the arbitration documents. Discontinuance orders and settlement agreements are also recorded if such information is available. If the claimant provides more than one valuation of damages claimed, the highest of these amounts is recorded. ARB/01/3). As a general rule, a rounded figure (to the nearest hundred thousand) of the amount claimed or awarded is provided. The structure of economic activities follows the International Standard Industrial Classification of All Economic Activities, Rev.4 (UN ISIC Rev.4). ARB/10/2). Not applicable - settled or discontinued before decision on liability, ICS Inspection and Control Services Limited v. The Argentine Republic (II). Camuzzi International S.A. v. Argentine Republic (II) (ICSID Case No. • Judicial review by national courts (set-aside proceedings); and The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.
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