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Japan: An Ardent Ally of ISDS, What Lies Beneath?

In an era of interconnectedness, it appears that Japan’s approach towards investment liberalization is rather detrimental. Its stance hinders important causes such as safeguarding the environment and related policies that are being pursued by, both, developed and developing countries. Furthermore, while Japan’s approach towards trade and investment may not pose an immediate and significant threat to the entirety of global rules-based systems, it may cast a serious doubt on Japan’s ability to take an active role on the global stage and to foster global rules-based system.

Nigeria’s Finance Act 2021 and the Digital Tax Framework: Another Attempt to Boil the Ocean?

Nigeria is being careful with its approach in its quest to tax the digital economy. Rather than enacting a stand-alone digital service tax law, Nigeria is amending key parts of its corporate income tax law to accommodate effects of the digital economy. These amendments, particularly the latest amendment on turnover assessment, are not substantially different from an average digital service tax. Both taxes are levied on turnover of digital platforms. The 6% tax rate on turnover is likely to be a major concern for non-resident companies as it is much higher than the digital service taxes in other jurisdictions. France and UK impose 3% and 2% digital service tax respectively; while Kenya, a comparable developing country in the same region, has 1.5% digital service tax. Canada is in advanced stage of launching its 3% digital service tax on all in-country revenues earned on digital activities.

Afronomicslaw Academic Forum Inaugural Conference: Critical and Contextual Perspectives on International Economic Law: Amplifying the Voices of African Students and Early-Career Researchers

January 24, 2022

We are delighted to invite you to the inaugural Afronomicslaw Academic Forum Annual Conference. The Online Conference is scheduled for the 5th of February 2022. This inaugural conference is co-sponsored by the African Sovereign Debt Justice Network (AfSDJN) and the African International Economic Law Network (AfIELN).

The conference's theme is: 'Critical and Contextual Perspectives to International Economic Law: Amplifying the Voices of African Students and Early-career Researchers'.

Afronomicslaw Academic Forum launches in West Africa

January 22, 2022

Following the establishment of the Afronomicslaw Academic Forum in Eastern and Southern Africa, we are delighted to announce the launch of the Academic Forum in West Africa. The Forum welcomes twenty-seven pioneer Representatives from Nigeria, Ghana, Sierra Leone, Togo and Morocco.

The Forum will be led by the trio of:

Inaugural World Arbitration Update: Africa and MENA Reasserting A Protagonist Role in the Arbitration Scene

These recent procedural and substantive trends encompassed in the WAU conference demonstrate a renewed and welcomed interest for arbitration of mega disputes in the African continent and the MENA region, both international arbitration hubs that are gaining prominence. Whilst challenges remain, biases against arbitrating disputes in these regions are being debunked by the experience of Africa and MENA with dispute resolution, the advent of institutions and “arbitration friendly” jurisprudence.