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Artikel

16 Apr 2007

Autor:
Wilfred Edwin, East African [Kenya]

Tanzania: $25 Million At Stake Over Dar Water Contract

Tanzania may be forced to pay $25 million to a British company [Biwater] whose water management contract it cancelled in 2005...[A] landmark hearing at the International Centre for the Settlement of Investment Disputes (ICSID) may bring into sharp focus how current international dispute settlement mechanisms favour powerful transnationals at the expense of developing countries.

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