When major investments in “difficult” foreign environments “go bad” there is reciprocal finger-pointing. The frustrated investor and host government each believe that the other party breached agreements and essential obligations. They launch legal actions to support their respective beliefs. When this happens it is likely that neither the host government nor the foreign investor fully […]
Archives for April 2013
International Bribery: OECD Attacks Both Supply and Demand
In Early April Nicola Bonucci, Director for Legal Affairs of the Organization for Economic Co-operation and Development (OECD), spoke at a World Bank conference that focused on the characteristics of the OECD Anti-Bribery Convention that result in effective deterrence and enforcement. These include: mistrust among the Convention’s parties regarding their respective compliance; parties’ desire to […]
Removing practical barriers to investment in India
On the occasion of Indian Finance Minister P.Chidambaram’s visit to the United States, entrepreneur and analyst Shyam Kamadolli writes about five urgent concerns that India must address in order to attract direct foreign investment. According to Kamadolli, such investment in India dropped by $5 billion last year. His top five concerns: the stability of the Rupee, the predictability […]
Libya courts Europe to develop renewable energy
In a recent visit to Brussels, the Libyan Minister for Electricity and Renewable Energy Ali Mohamed Mihirig touted his country’s potential as a producer of solar and wind energy. Libya’s post-revolution government, though young and somewhat lacking in capacity, is already looking forward to the day the country’s vast oil reserves run out. Mirihig said that […]
GCC states seek foreign investment in aluminium sector
An upcoming trade exhibition will highlight the hope among Gulf Cooperation Council governments and producers that a new wave of foreign investment can help the region’s aluminium sector expand and diversify. The surging demand in key international markets such as China and the rest of Asia, North America, Latin America, East Europe and the Middle […]