Ecuador Political News

Investment Treaty News – ALBA moves forward with plan to create regional investment arbitration alternative to ICSID at 7th Summit

Published

November 4, 2009

“Members of the Bolivarian Alliance for the Peoples of Our America (“ALBA”) are moving forward with a plan to create a regional arbitration centre intended to replace the often criticized International Centre for Settlement of Investment Disputes (“ICSID”). The final declaration of the 7th ALBA Summit, which took place between October 16th and 17th in Cochabamba, Bolivia, instructed a dispute resolution working group to advance its work on the issue and develop concrete proposals in the near term.”
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The Amazon Post ·
@AmazonPost

#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon. https://t.co/7TqQ6sJhik

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The Amazon Post ·
@AmazonPost

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The Amazon Post ·
@AmazonPost

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The Amazon Post ·
@AmazonPost

Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
https://t.co/7TqQ6sJhik

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The Amazon Post ·
@AmazonPost

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