{"id":7544,"date":"2019-12-17T01:00:31","date_gmt":"2019-12-17T07:00:31","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=7544"},"modified":"2024-08-09T18:30:41","modified_gmt":"2024-08-09T16:30:41","slug":"itn-december-2019","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2019\/12\/17\/itn-december-2019\/","title":{"rendered":"ITN December 2019"},"content":{"rendered":"<p>PDF \u2013\u00a0<a href=\"https:\/\/www.iisd.org\/sites\/default\/files\/publications\/iisd-itn-december-2019-english.pdf\">English<\/a>\u00a0(1 MB) \u2013\u00a0<a href=\"https:\/\/www.iisd.org\/sites\/default\/files\/publications\/iisd-itn-decembre-2019-francais.pdf\">Fran\u00e7ais<\/a>\u00a0(1 MB)\u00a0\u2013\u00a0<a href=\"https:\/\/www.iisd.org\/sites\/default\/files\/publications\/iisd-itn-diciembre-2019-espanol.pdf\">Espa\u00f1ol<\/a>\u00a0(1 MB)<\/p>\n<h2>Insights<\/h2>\n<ul>\n<li><span class='tooltipsall tooltipsincontent classtoolTips7'>UNCTAD<\/span>\u2019s 2019 High-level <span class='tooltipsall tooltipsincontent classtoolTips73'>IIA<\/span> Conference: A new momentum for Phase 2 reform, by Elisabeth Tuerk &amp; Diana Rosert<\/li>\n<li>Business and Human Rights Treaty Negotiation Sees a Light at the End of the Tunnel, by Joe Zhang<\/li>\n<li>What to Expect in the January 2020 Session of <span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> Working Group III on <span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span> Reform, by Nathalie Bernasconi-Osterwalder &amp; Lise Johnson<\/li>\n<\/ul>\n<h2>News in Brief<\/h2>\n<ul>\n<li>UN Forum on Business and Human Rights highlights the importance of coherent policies<\/li>\n<li>UNCTAD IIA Conference: <span class='tooltipsall tooltipsincontent classtoolTips80'>WTO<\/span> talks on investment facilitation take centre stage in break-out session<\/li>\n<li><span class='tooltipsall tooltipsincontent classtoolTips67'>ECT<\/span> modernization: Energy Charter Conference adopts mandate, confirms December talks<\/li>\n<li>Asia\u2013Pacific leaders clinch <span class='tooltipsall tooltipsincontent classtoolTips35'>RCEP<\/span> trade and investment deal, pledge to continue talks with India<\/li>\n<li>Joint initiative on investment facilitation looks to \u201cmeaningful outcome\u201d for WTO ministerial<\/li>\n<li>Nord Stream 2: Pipeline spat with <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span> evolves into ECT dispute<\/li>\n<li>U.S. officials raise concerns over proposed <span class='tooltipsall tooltipsincontent classtoolTips76'>MIC<\/span> in talks with the United Kingdom, documents say<\/li>\n<\/ul>\n<h2>awards and decisions<\/h2>\n<ul>\n<li>Substantial damages awarded to Perenco for <span class='tooltipsall tooltipsincontent classtoolTips69'>FET<\/span> breach and expropriation; Ecuador also awarded compensation under environmental counterclaim <em>(Perenco\u00a0Ecuador Limited v. Republic of Ecuador, <span class='tooltipsall tooltipsincontent classtoolTips18'>ICSID<\/span> Case No. ARB\/08\/6)<\/em>, by Matthew Levine<\/li>\n<li>Dominant and effective nationality objection prevails in CAFTA-DR arbitration <em>(Michael Ballantine and Lisa Ballantine v. The Dominican Republic, <span class='tooltipsall tooltipsincontent classtoolTips77'>PCA<\/span> Case No. 2016-17)<\/em>, by Juan Carlos Herrera-Quenguan<\/li>\n<li>All claims dismissed by ICSID tribunal in energy investor\u2019s ECT case against Italy <em>(Belenergia S.A. v. Italian Republic, ICSID Case No. ARB\/15\/40)<\/em>, by Trishna Menon<\/li>\n<li>Colombia is ordered to pay over USD 19 million for frustrating Glencore\u2019s legitimate expectations <em>(Glencore International A.G. and C.I. Prodeco S.A. v. Republic of Colombia, ICSID Case No. ARB\/16\/6)<\/em>, by Sofia de Murard<\/li>\n<li>As claimants lacked a protected investment and could not import consent to arbitration via <span class='tooltipsall tooltipsincontent classtoolTips75'>MFN<\/span>, UNCITRAL tribunal dismisses case against Mauritius on jurisdictional grounds <em>(Professor Christian Doutremepuich and Antoine Doutremepuich v. Republic of Mauritius, PCA Case No. 2018-37)<\/em>, by Pietro Benedetti Teixeira Webber<\/li>\n<li>Laos prevails in defending its first known treaty-based ISDS cases <em>(Lao Holdings N.V. v. Lao People&#8217;s Democratic Republic, ICSID Case No. ARB(AF)\/12\/6, and Sanum Investments Limited v. Lao People&#8217;s Democratic Republic, UNCITRAL, PCA Case No. 2013-13)<\/em>, by Joe Zhang<\/li>\n<li>Tribunal finds Pakistan breached FET, expropriation and non-impairment obligations in the context of a mining joint venture with Australian investor Tethyan Copper Company <em>(Tethyan Copper Company Pty Limited v. Islamic Republic of Pakistan, ICSID Case No. ARB\/12\/1)<\/em>, by Sofia de Murard<\/li>\n<li>In yet another renewable energy case, Spain held liable for FET breach for frustrating French and Luxembourger investors\u2019 legitimate expectations under the ECT <em>(Cube Infrastructure Fund SICAV and Others v. The Kingdom of Spain, ICSID Case No. ARB\/15\/20)<\/em>, by Maria Bisila Torao<\/li>\n<li>Despite a win for Estonia, ICSID arbitrators continue to resist <span class='tooltipsall tooltipsincontent classtoolTips42'>CJEU<\/span>\u2019s Achmea judgment <em>(United Utilities (Tallinn) BV and Aktsiaselts Tallinna Vesi v. Republic of Estonia, ICSID Case No. ARB\/14\/24)<\/em>, by Theodore M. Amarendra<\/li>\n<\/ul>\n<h2>Resources and Events<\/h2>\n<p><!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips7','United Nations Conference on Trade and Development'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips8','Conferencia de las Naciones Unidas sobre Comercio y Desarrollo'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips18','International Centre for Settlement of Investment Disputes'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips32','International Institute for Sustainable Development<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips33','Institut international du d\u00e9veloppement durable'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips34','Instituto Internacional para el Desarrollo Sostenible'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips35','Regional Comprehensive Economic Partnership<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips36','Partenariat \u00e9conomique r\u00e9gional global'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips37','Asociaci\u00f3n Econ\u00f3mica Integral Regional'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips42','Court of Justice of the European Union'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips43','investor\u2013state dispute settlement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips58','soluci\u00f3n de controversias inversionista-Estado'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips60','Investment Treaty News'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips65','East African community'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips69','fair and equitable treatment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips70','free trade agreement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips73','international investment agreement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips75','most-favoured nation'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips77','Permanent Court of Arbitration'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips80','World Trade Organization'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips104','responsabilit\u00e9 sociale des entreprises'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips109','Corte de Justicia Europea'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p><span class='tooltipsall tooltipsincontent classtoolTips7'>UNCTAD<\/span>\u2019s 2019 High-level <span class='tooltipsall tooltipsincontent classtoolTips73'>IIA<\/span> Conference: A new momentum for Phase 2 reform<\/p>\n<p>Business and Human Rights Treaty Negotiation Sees a Light at the End of the Tunnel<\/p>\n<p>What to Expect in the January 2020 Session of <span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> Working Group III on <span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span> Reform<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips7','United Nations Conference on Trade and Development'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips8','Conferencia de las Naciones Unidas sobre Comercio y Desarrollo'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips43','investor\u2013state dispute settlement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips58','soluci\u00f3n de controversias inversionista-Estado'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips73','international investment agreement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":7485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-7544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archives"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/7544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=7544"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/7544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/7485"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=7544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=7544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=7544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}