Daily coverage from across the country, written for the expat community
Results for “investment treaty”Clear
Ecuador's Constitutional Court ruled unanimously (9-0) that President Noboa cannot fast-track the bilateral investment treaty with the UAE. The ISDS provisions trigger constitutional review, and the treaty must be approved by the National Assembly. Investors tracking the UAE corridor should expect delays.
An international arbitral tribunal adjusted Ecuador's compensation obligation to Chevron downward by $5.7 million, landing at $215 million. The decades-old Amazon environmental dispute continues to drain government coffers in a tight fiscal year.
