A core legacy of the New International Economic Order of the 1970s is the rise of the South-South economic cooperation. Since 1980, trade and investment relations between African and Asian states have been growing ever closer. Indeed, the unique ways in which African-Asian economic cooperation manifests has been a defining feature of Africa’s international economic relations since the end of decolonization.
Bilateral Investment Treaty (BIT)
A request for the institution of arbitration proceedings against the United Republic of Tanzania (“Respondent”) was registered by the International Centre for Settlement of Investment Disputes (ICSID) Secretary General on October 5, 2020. This request was made by Nachingwea U.K. Limited (UK), Ntaka Nickel Holdings Limited (UK) and Nachingwea Nickel Limited (Tanzania) (“Claimants”). The claimants invoked the 1994 Bilateral Investment Treaty (BIT) between United Kingdom of Great Britain and Northern Ireland, on the one hand, and Tanzania, on the other.
Unfortunately, the Guide appears to be blind to the way in which conceiving land and tenure rights in the context of global vale chains can multiply the relevant spaces of engagement and challenges the traditional notion of jurisdictional spaces and fragmentation. Luckily, communities, activists and lawyers acting on the ground have come to this realization long ago, and I believe that they will find the best way to use a document that aims to normalize large-scale investments but can also open new interesting spaces for political and legal resistance.