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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.
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 State Department. million to $4.5 However, this trend reversed in subsequent years, with FDI declining to $2.0 million in 2015.
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