BOLIVIA RATIFIES THE MAURITIUS CONVENTION ON TRANSPARENCY IN INVESTOR-STATE ARBITRATION

Bolivia has become the seventh state to ratify the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration, also known as the “Mauritius Convention”. State parties to the Mauritius Convention commit to greater transparency in investor-state dispute settlement (ISDS) proceedings. Specifically, by ratifying the Mauritius Convention, Bolivia consents to extend the application of the UNCITRAL … Read more

Opportunities in Brazil: Petrobras Divestment Program

What E&P Projects will Petrobras Offload by Year-end? (BNamericas) Brazil’s state oil firm Petrobras is due to complete by the end of 2020 the sale of 109 exploration and production areas. The sell-offs are part of the company’s US$20-30bn divestment plan focused on reducing participation in onshore and shallow water projects to focus on deepwater E&P. The deadline was imposed … Read more

THE EUROPEAN COMMISSION’S EVALUATION AND FITNESS CHECK ROADMAP: AN OPPORTUNITY TO IMPROVE THE EU-CENTRAL AMERICA ASSOCIATION AGREEMENT

On 29 June 2012, the European Union and the six partner countries in Central America – Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama – signed an Association Agreement (the EU-Central America Association Agreement) (the “Association Agreement“).  The purpose of this FTA was to develop trade and investment relations between parties. On 13 May … Read more