Remove 2011 Remove Corruption Remove Influencing
article thumbnail

Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

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.

article thumbnail

What Does Costa Rica’s New Arbitration Law Mean for Domestic and International Cases?

Kluwer Arbitration

In 2011, in order to address the limitations of the Ley RAC, Costa Rica enacted the International Commercial Arbitration Law (“LACI”), based on the UNCITRAL Model Law with the 2006 amendments. This successful system developed by the Ley RAC was designed for domestic arbitration.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Sustainable Investment Facilitation Agreement Between the EU and Angola: A New Model for Investment Agreements?

Kluwer Arbitration

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.

article thumbnail

The Best Path Forward in International Arbitration: A Summary of the SIAC Annual India Conferences 2024

Kluwer Arbitration

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.

Ethics 52
article thumbnail

Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia

Curbing Corruption in Government Contracting

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.

Bidder 40
article thumbnail

Mongolia: Investment Related Developments in the Mining Sector

Kluwer Arbitration

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.