{"id":9492,"date":"2024-04-02T15:00:59","date_gmt":"2024-04-02T13:00:59","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=9492"},"modified":"2024-08-09T18:33:34","modified_gmt":"2024-08-09T16:33:34","slug":"itn-quarterly-march-2024","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/itn-quarterly-march-2024\/","title":{"rendered":"ITN Quarterly March 2024"},"content":{"rendered":"<h2><strong>Insights<\/strong><\/h2>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/investor-state-dispute-settlement-and-fossil-fuels-what-role-for-a-carveout\/\"><span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span> and Fossil Fuels: What role for a carveout?<\/a>, by Lukas Schaugg, Suzy Niki\u00e8ma, and Nathalie Bernasconi<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/successful-regional-investment-negotiations-as-a-tool-for-iia-reform-a-multi-identity-perspective\/\">Successful Regional Investment Negotiations as a tool for IIAs Reform: A Multi-Identity Perspective<\/a>, by Moataz M. Hussein<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Awards and Decisions<\/strong><\/h2>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/english-high-court-allows-challenge-to-arbitral-award-for-having-been-obtained-by-fraud-and-in-violation-of-public-policy\/\">English High Court allows challenge to arbitral award for having been obtained by fraud and in violation of public policy<\/a> (<em>The Federal Republic of Nigeria v Process &amp; Industrial Developments Limited, [2023] EWHC 2638 (Comm)<\/em>), by Meher Tandon<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/icsid-tribunal-rejects-spanish-power-company-claims-no-legitimate-expectations-of-market-framework-improvement\/\"><span class='tooltipsall tooltipsincontent classtoolTips18'>ICSID<\/span> tribunal rejects Spanish power company claims \u2013 no legitimate expectations of market framework improvement<\/a> (<em>Orazul International Espa\u00f1a Holdings S.L. v Argentine Republic, ICSID Case No. ARB\/19\/25,<\/em>), by Domenico Ricciuto<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/the-icsid-tribunals-decision-in-bsg-resources-v-guinea-concludes-that-the-mining-licences-were-obtained-through-corruption\/\">The ICSID Tribunal in BSG Resources v. Guinea finds that licences were obtained through corruption<\/a> (<em>BSG Resources Limited (in administration), BSG Resources (Guinea) Limited and BSG Resources (Guinea) S\u00c0RL v. Republic of Guinea (I), ICSID Case No. ARB\/14\/22<\/em>), by Letizia Ceccarelli, Hoda Ghassabian and Lorenzo Poggi<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/icsid-tribunal-upholds-guatemalas-preliminary-objection-against-the-import-of-10-umbrella-clauses-through-an-mfn-clause-while-rejecting-and-joining-to-the-merits-the-remaining-preliminary-obj\/\">ICSID tribunal upholds Guatemala\u2019s preliminary objection against the import of 10 umbrella clauses through an <span class='tooltipsall tooltipsincontent classtoolTips75'>MFN<\/span> clause while rejecting and joining to the merits the remaining preliminary objections raised by the state<\/a> (<em>Grupo Energ\u00eda Bogot\u00e1 S.A. E.S.P. and Transportadora de Energ\u00eda de Centroam\u00e9rica S.A. v. Republic of Guatemala, ICSID Case No. ARB\/20\/48, Decision on Preliminary Objections, November 24, 2023<\/em>), by Mar\u00eda Rosario Tejada<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/icsid-tribunal-finds-hungary-in-violation-of-its-bit-obligations-and-awards-damages-to-sodexo-pass-international\/\">ICSID tribunal finds Hungary in violation of its <span class='tooltipsall tooltipsincontent classtoolTips63'>BIT<\/span> obligations and awards damages to Sodexo Pass International<\/a> (<em>Sodexo Pass International SAS v. Hungary, Award, ICSID Case No. ARB\/14\/20<\/em>), by Mihai Coca-Constantinescu<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/icsid-tribunal-finds-hungary-in-violation-of-its-bit-obligations-and-awards-damages-to-sodexo-pass-international\/\">An ICSID tribunal further restricts the scope of security for costs applications<\/a> (<em>Vercara LLC (formerly Security Services LLC, formerly Neustar, Inc) v. Republic of Colombia, ICSID Case No. ARB\/20\/7, Decision on security for costs, September 27, 2023<\/em>), by Th\u00e9o Tib\u00e8re<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>News in brief<\/strong><\/h2>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/uncitral-46th-session-zoned-in-on-the-advisory-centre-for-investment-dispute-resolution\/\"><span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> 46th Session zoned in on the Advisory Centre for Investment Dispute Resolution<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/eu-and-canada-issue-joint-interpretative-statements-on-ceta-investment-standards\/\"><span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span> and Canada issue joint interpretative statements on <span class='tooltipsall tooltipsincontent classtoolTips41'>CETA<\/span> investment standards<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/new-withdrawals-from-the-ect\/\">New withdrawals from the <span class='tooltipsall tooltipsincontent classtoolTips67'>ECT<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/annual-wto-ministerial-conference-wraps-up-in-abu-dhabi\/\">Annual <span class='tooltipsall tooltipsincontent classtoolTips80'>WTO<\/span> Ministerial Conference wraps up in Abu Dhabi<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/unctads-new-multistakeholder-platform-on-international-investment-agreement-iia-reform-holds-its-first-meeting\/\"><span class='tooltipsall tooltipsincontent classtoolTips7'>UNCTAD<\/span>\u2019s new multistakeholder platform on International Investment Agreement (<span class='tooltipsall tooltipsincontent classtoolTips73'>IIA<\/span>) reform holds its first meeting<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/uncitral-7th-inter-sessional-meeting-of-working-group-iii-in-belgium\/\">UNCITRAL 7th Inter-sessional Meeting of Working Group III in Belgium<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/oecd-conference-discussed-climate-action-carveout-from-isds\/\"><span class='tooltipsall tooltipsincontent classtoolTips44'>OECD<\/span> Conference discussed climate action carveout from ISDS<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/unidroit-and-icc-are-working-on-investment-contract-harmonisation\/\">UNIDROIT and <span class='tooltipsall tooltipsincontent classtoolTips71'>ICC<\/span> are working on investment contract harmonisation<\/a><\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2024\/04\/02\/the-international-seabed-authority-discussing-deep-sea-bed-mining\/\">The International Seabed Authority discussing deep sea-bed mining<\/a><!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); 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