Results for: agriculture and fisheries

Awards and Decisions

Venezuela to pay US$1 billion for expropriating Canadian mining company’s investment Rusoro Mining Ltd. v. the Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/12/5 Claudia María Arietti López [*] In an award dated August 22, 2016, a tribunal at the Additional …

Tagged , , , , , , , , | Comments Off on Awards and Decisions

PCA tribunal deemed acts of Polish agricultural property agency not attributable to Poland 

Mr. Kristian Almås and Mr. Geir Almås v. The Republic of Poland, PCA Case No. 2015-13 In a case administered by the Permanent Court of Arbitration (PCA), a tribunal decided that the acts of Poland’s agricultural property agency were not …

Tagged , , , , , | Comments Off on PCA tribunal deemed acts of Polish agricultural property agency not attributable to Poland 

ICSID tribunal orders Zimbabwe to return expropriated farms

Bernhard von Pezold and others v. Zimbabwe, ICSID Case No. ARB/10/15 In a 318-page award issued July 28, 2015 but only published February 2016, a tribunal at the International Centre for Settlement of Investment Disputes (ICSID) ordered Zimbabwe to return …

Tagged , , , , , | Comments Off on ICSID tribunal orders Zimbabwe to return expropriated farms

Going public to improve investment in agriculture

The public began to hunger for information about investment in the agriculture sector when a massive wave of foreign investment in farmland and water was triggered, in 2008, by a confluence of the biofuels boom, global food crisis, sharp spike …

Tagged , , | Comments Off on Going public to improve investment in agriculture

A global thirst: How water is driving the new wave of foreign investment in farmland

It is no longer a secret that there is a new wave of foreign investment in farmland, predominantly in Africa. An explosion of media reports and a series of studies by the World Bank, Food and Agricultural Organisation (FAO), International Fund for Agricultural Development (IFAD), United Nations Conference on Trade and Development (UNCTAD) and International Institute for Environment and Development (IIED), have confirmed the scale and consequences of this new influx of foreign investment. The World Bank report, by far the most comprehensive, found that reported deals amounted to 45 million hectares in 2009 alone.

Tagged , , , , | Comments Off on A global thirst: How water is driving the new wave of foreign investment in farmland

Claim by Cargill leads to another loss for Mexico

By Elizabeth Whitsitt 2 October 2009 Mexico has suffered another loss in a series of investor-state arbitral disputes involving its sugar industry. While attempts have been made by Mexico to consolidate similar cases involving its sugar trade, such efforts have …

Tagged , , , | Comments Off on Claim by Cargill leads to another loss for Mexico

Tribunal orders compensation in Dutch farmers’ claims against Zimbabwe

By Damon Vis-Dunbar 28 April 2009 An ICSID tribunal has ordered the government of Zimbabwe to compensate a group of Dutch nationals who saw their farms expropriated under Zimbabwe’s controversial land-reform program. The victory is expected to lead other European …

Tagged , , | Comments Off on Tribunal orders compensation in Dutch farmers’ claims against Zimbabwe

Canadian investors sue Costa Rica alleging failure to protect their farm

By Fernando Cabrera Diaz and Damon Vis-Dunbar 29 October 2008 A tribunal has been constituted in an arbitration that pits a group of Canadian investors against the government of Costa Rica. The claimants—Vancouver-based Quadrant Pacific Growth Fund L.P. and Conasco …

Tagged , , | Comments Off on Canadian investors sue Costa Rica alleging failure to protect their farm