brought under the dominican republic - central america - ita
brought under the dominican republic - central america - ita
brought under the dominican republic - central america - ita
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sion and environmental permits following <strong>the</strong> Claimant‟s discovery of valuable deposits<br />
of gold and silver <strong>under</strong> exploration licenses granted by MINEC for <strong>the</strong> Respondent;<br />
(ii) <strong>the</strong> Respondent's failure to protect <strong>the</strong> Claimant's investments in accordance with<br />
<strong>the</strong> provisions of its own law and (iii) <strong>the</strong> Respondent‟s unlawful expropriation of <strong>the</strong><br />
investments of <strong>the</strong> Claimant (with <strong>the</strong> Enterprises) in El Salvador.<br />
1.9. The details of <strong>the</strong>se claims pleaded by <strong>the</strong> Claimant are set out in <strong>the</strong> Decision of 2<br />
August 2010 issued by <strong>the</strong> Tribunal, to which fur<strong>the</strong>r reference is made below.<br />
1.10. CAFTA: In pursuance of <strong>the</strong>se claims, it is alleged by <strong>the</strong> Claimant that <strong>the</strong> Respondent<br />
breached its obligations <strong>under</strong> Section A of CAFTA, namely: (i) CAFTA Article<br />
10.3: “National Treatment”; (ii) CAFTA Article 10.4: “Most-Favoured Nation<br />
Treatment”; (iii) CAFTA Article 10.5: “Minimum Standard of Treatment”; (iv)<br />
CAFTA Article 10.7: “Expropriation and Compensation”; and (v) CAFTA Article<br />
10.16.1(b)(i)(B): as to “investment authorizations.”<br />
1.11. Investment Law: The Claimant also alleges that <strong>the</strong> Respondent has breached <strong>the</strong><br />
Salvadoran Investment Law, which prohibits expropriation without compensation, as<br />
well as unjustified or discriminatory measures which may hinder <strong>the</strong> establishment,<br />
administration, use, usufruct, extension, sale and liquidation of foreign investments<br />
(Article 5 - Equal Protection, Article 6 - Non-Discrimination, and Article 8 - Expropriation).<br />
1.12. O<strong>the</strong>r Salvadoran Laws: The Claimant also alleges that <strong>the</strong> Respondent has<br />
breached <strong>the</strong> Salvadoran Mining Law (Articles 8, 14, 19 and 23), Article 86 of <strong>the</strong><br />
Salvadoran Constitution, Article 1 of <strong>the</strong> Salvadoran Civil Code and Article 4(j) of<br />
<strong>the</strong> Salvadoran Governmental Ethics Law.<br />
1.13. During <strong>the</strong> Hearing (described below), <strong>the</strong> Claimant significantly clarified, inter alia,<br />
<strong>the</strong> temporal limits to its CAFTA Claims, namely claims for damages only from <strong>the</strong><br />
period from March 2008 forwards and not for any earlier period. The Tribunal returns<br />
to this late clarification of <strong>the</strong> Claimant‟s pleaded case later in this Decision.<br />
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