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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. government in April 2024 issued a final rule calling for contracting officials to plan to procure sustainable and services “to the maximum extent practicable.”

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

Kluwer Arbitration

Early this year, the European Union (“EU”) finalized the required internal procedures for the entry into force of the Sustainable Investment Facilitation Agreement concluded between the European Union and the Republic of Angola on 18 November 2022 (“SIFA” or the “Agreement”).

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A New Era of Procurement in Europe: Time for Bold Change

Open Contracting Partnership

Last week in Rome, we brought together over 100 leaders from 26 European governments , EU institutions, global organizations like the World Bank, OECD, EBRD, and UNOPS, civil society, and the private sector for the 3rd International Open and Sustainable Public Procurement Conference 2024. This trend started long before Covid.

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Interviews with Our Editors: Opening Australian Arbitration Week 2024 with Judith Levine, President of ACICA

Kluwer Arbitration

Establishing a Diversity Committee that introduced the ACICA Wing Person Initiative , and a Sustainability Taskforce , which recently produced a draft Sustainability Protocol for public consultation, to be discussed at ACICA’s sustainability event during AAW. In 2024, this figure is at 60%. Past interviews are available here.

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2023 Year in Review: A Transformative Expedition of Arbitration in Africa

Kluwer Arbitration

The substantial award at issue is of a particularly high value and fraud and corruption elements arise in both the procurement of the underlying contracts and also the awards themselves. These rules replace the previous CRCICA Arbitration Rules 2011. Additional 2023 year in review posts are available here.

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COVID-19: Fundamental Change of Circumstances or Force Majeure? Insights from Portugal

Kluwer Arbitration

At the appeal stage, the Portuguese State successfully sustained that the COVID-19 pandemic should have been considered a force majeure event under the Concession Agreement and that the arbitral tribunal should therefore have excluded the applicability of the change in circumstances institute.

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Arbitrator’s Bias as a Ground for Challenging a Foreign Award: The Indian Perspective

Kluwer Arbitration

Factual Background The arbitration was initiated in 2012 by HSBC PI Holdings (Mauritius) Limited (“ HSBC ”) against Avitel Post Studioz Limited (“ Avitel ”) and its founder and directors under a Share Subscription Agreement executed in April 2011 (“ SSA ”). Under the SSA, HSBC had invested USD 60 million in Avitel to acquire 7.8%