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As these common “green procurement” strategies are adopted by governments around the world, the UN Commission on International Trade Law (UNCITRAL) model law on public procurement , last revised in 2011, could be updated to facilitate implementation.
Regarding authorization procedures, the SIFA requires the Parties to process applications objectively, impartially, and independently from undue influence, with clear, transparent criteria (Articles 19 and 21). Potential Impact and Future Implications In summary, the SIFA marks a significant milestone in international investment law.
The second panel explored the future of international arbitration and how the field will evolve in view of technological advancements, geopolitical influences, and procedural innovations in ADR. Since 2011, SIAC has administered over 1,400 cases involving Indian parties, with disputes exceeding SGD 20 billion.
This suggests that the intervention increased the level of competition in tenders that were already competitive, but it increased the share of high-corruption risk, single-bidder contracts in the very short-run. However, the average number of received bids increases by 0.5 bids without direct contracts considered.
In 2011, the tribunal ruled that the windfall profit tax did not breach the BIT. Between 2005 and 2011, Mongolia experienced a substantial increase in foreign direct investment (“FDI”), surging from $187.6 In 2006, the parties settled and the case was discontinued. State Department. million to $4.5 million in 2015.
333 (2011) (“ AT&T Mobility “) that the FAA establishes a broad mandate to enforce arbitration clauses, even when state laws seek to invalidate them on the basis of public policy concerns such as unconscionability. Supreme Court has ruled in cases like AT&T Mobility LLC v. Concepcion 563 U.S.
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How has your New Zealand heritage shaped and influenced your worldview during the course of your career? I set up an office at Maxwell Chambers back in 2011, when no one else was doing so. Concise, focused submissions are likely to be more effective than a scattergun approach. Past interviews are available here.
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