International Centre for Settlement of Investment Disputes Current Affairs - 2020

Indian American nominated as OECD Envoy by the US President Trump

On May 6, 2020, the US President Donald Trump appointed Indian American Diplomat Manisha Singh as his envoy to OECD (Organization for Economic Cooperation and Development). Highlights Manisha Singh was the secretary of State for Economic and Business Affairs. She will now act as US representative to OECD. She had also served as secretary of Read More…

Indian American appointed as US representative to IBRD

On May 5, 2020, the US President Donald Trump had nominated Indian American Ashok Michael Pinto as the US representative to IBRD (International Bank of Reconstruction and Development). Highlights Mr Pinto replaced Erik Bethel. Mr Bethel resigned from the post. Pinto was serving the Counselor to Under Secretary for International Affairs in the department of Read More…

International arbitration court imposes $5 billion penalty Pakistan

International Arbitration Court has imposed over $5 billion penalty on Pakistan for unlawful denial of a mining lease to a company called Tethyan Copper Company for Reko Diq project in 2011. This penalty on cash-strapped Pakistan is one of the biggest in its history. About Tethyan Copper Company v/s Pakistan Case In 2012 Tethyan Copper Read More…