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For instance, the Slovakia-Iran BIT (2016) outlines conducts that could “only” result in a breach of the FET, and the EU-Singapore Investment Protection Agreement notes, that “the frustration of legitimate expectations […] does not, by itself, amount to a breach” of the FET. See Ghana-Turkey BIT (2016), Art. Preamble).
In both cases, the tribunals decided complex international business disputes solely on the basis of the 2016 edition of the UNIDROIT Principles. These guidelines can assist parties to jointly agree on a mechanism to increase the transparency of relevant arbitral proceedings, including the submission of amicus curiae briefs.
He supported this position by referring to India’s termination of 76 of 87 of its BITs in 2016. Ever since then, the Indian government has taken a more cautious approach with the 2016 India Model BIT (“India Model BIT”). The shift in India’s position has become more visible after the White Industries award and subsequent cases.
Such provision was declared unconstitutional in Judgment C-035 of 2016 because it authorized mining activities in projects with pre-acquired environmental licenses in páramo areas. In June 2015, Colombia enacted Law 1753 , ratifying the mining ban in páramos , but reviving a grandfathering provision alike Law 1382.
Modifications to the rules also accelerated during the end of the commodity cycle between 2016 and 2018 (also highlighted in red), allowing countries to remain “compliant”. On one hand, the structural balance rule (SR) is the highest and stands at 79%.
Such provision was declared unconstitutional in Judgment C-035 of 2016 because it authorized mining activities in projects with pre-acquired environmental licenses in páramo areas. In June 2015, Colombia enacted Law 1753 , ratifying the mining ban in páramos , but reviving a grandfathering provision alike Law 1382.
In 2016, the KSA launched the Saudi Vision 2030 , an initiative to, among others, attract foreign and domestic investment by improving the regulatory environment and enhancing business opportunities. With its emphasis on transparency, fairness, and inclusivity, the law aims to attract both regional and international investors.
By 2025, many Directors will be Millennials and will drive to find renewable disposition and consumption approaches to resources while balancing ways to drive revenue. Other areas cited in the article are Innovation, Collaboration, Transparency, Information, and People. Sustainability. Think of the brand Tom’s shoes.
It should then not be surprising that the possibility that artificial intelligence (AI) could ‘change the rules of the game’ (eg Santiso, 2019 ) and bring procurement corruption to an end is receiving significant attention.
The LACIAC was established in 2016 and during this time there have been significant developments in Nigeria in relation to arbitration. The LACIAC Adjudication Rules were established to provide a quick, fair and transparent process for the interim resolution of disputes in projects of significant duration such as construction contracts.
When we launched EILA Rev in 2016 we set out to address a very wide range of issues at the cross-roads of European investment law and investment treaty law. The other group suggested enhancements and more pronounced checks and balances of the existing arbitration system.
For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor. 6] Statista Research Dep’t, Iron ore price worldwide from September 2016 to September 2022, statistica.com (Oct.
NTEU is now calling for FDIC leadership to implement more stringent anti-harassment training, as well as more transparency on how and when workplace incidents are resolved. Hundreds of people, most of them State Department or intelligence community employees, have reported anomalous health incidents since 2016.
Transparency : Arbitral institutions have typically shied away from disclosing reasons for their procedural decisions. The Rules represent a delicate balancing act in addressing issues of legitimacy while also focusing on efficiency. Combined with a host of other factors, arbitration has been facing an increasing legitimacy crisis.
Her commitment to balanced and thoughtful acquisition policy has set a standard for integrity and innovation in Federal procurement, and her transparent approach has fostered trust and collaboration among industry partners and stakeholders. Federal agencies that provides transparency into how Federal agencies are using AI.
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