Enforcement of ICSID award

Gold Reserve v Venezuela and the enforcement of ICSID awards In recent years, Latin American states have increasingly resisted The International Centre for Settlement of Investment Disputes (ICSID) state-investor dispute mechanism, which they claim favours investors. One of the key criticisms leveled against ICSID arbitration is the lack of an appeals process and limited annulment … Read more

Australia and China conclude free trade agreement

On 17 November 2014, Chinese President Xi Jinping and Australian Prime Minister Tony Abbott announced that Australia and China had concluded a free trade agreement that has been under negotiation since April 2005. The ChAFTA is the latest of a series of FTAs concluded by the Australian Coalition Government since coming into power in September … Read more

Extension of time for the Queensland Rail 2008 undertaking

On 5 November 2014 Queensland Rail requested an extension to the termination date of QR Network’s (2008) June 2010 Access Undertaking (2008 Access Undertaking), which is currently set to expire on 31 December 2014. QR requested this extension following submission of Queensland Rail’s Draft Access Undertaking 1 (AU1) which is proposed to replace the 2008 … Read more

The Liberian mining law reform and the impact of the Ebola crisis

Despite its relatively small size (approximately 110,000km with a population of four million people), Liberia, the oldest republic in Africa, is a resource-rich country with significant deposits of iron ore, gold and diamonds. The West African mining industry is facing significant headwinds from the combined effect of: the Ebola virus outbreak, which has caused the … Read more

Korea-Australia Free Trade Agreement Update

On 4 September 2014, the Australian Joint Standing Committee on Treaties (Committee) submitted its report and recommendation on the adoption of the Korea-Australia Free Trade Agreement (KAFTA) as Australian law. The majority of the Committee supported the adoption of KAFTA as Australian law, and recommended that binding treaty action be taken by the Australian Government. … Read more

A new mining law for Mozambique

The Mining Law 20/2014 of 18 August 2014 (the New Mining Law) came into force in Mozambique on 22 August 2014 replacing the previous mining regime under Mining Law 14/2002 of 26 June 2002 (except in relation to mining contracts that were in force prior to 22 August 2014).1 The New Mining Law was precipitated … Read more