Bilateralism Current Affairs, GK & News
Investor-State Dispute Settlement mechanism is a system which allows individual companies to sue countries for their discriminatory practices. The practice came to light through the Philip Morris v. Uruguay Case under WTO. It is an instrument of public international law whose provisions are defined by a number of bilateral investment treaties. ISDS is also associated ..
Topics: Arbitration • Bilateral investment treaty • Bilateralism • Economy • Foreign direct investment • International arbitration • International Centre for Settlement of Investment Disputes • International investment agreement • International Relations • Investor-state dispute settlement • Transatlantic Trade and Investment Partnership • World Trade Organization
China signed economic agreements with North Korea to enhance the bilateral economic co-operation. The development of two special economic zones in North Korea is part of the agreement. Both countries also signed agreements on agricultural co-operation and electricity supply.