Venezuela consents to arbitration in new BIT with Russia
By Fernando Cabrera Diaz 15 July 2009 A new bilateral investment treaty between Venezuela and Russia provides consent to international arbitration for settling disputes pursuant to the treaty, despite President Chavez’s criticism of international investor-to-state arbitration. Article 9 of the Russia-Venezuela BIT, published in Venezuela’s Official Gazette on 2 June 2009, allows investors to elect … Sigue leyendo Venezuela consents to arbitration in new BIT with Russia
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