Archive: November 29, 2014

LEX PETROLEA & INTERNATIONAL COMMERCIAL ARBITRATION

November 29, 2014

Lex Petrolea & International Commercial Arbitration, 4th Bi-Monthly N & A (November 29, 2014)According to Shana.ir on October 15, 2014:

Managing director of the National Iranian Oil Company (NIOC) Roknoddin Javadi has said that he thinks an independent arbitration and supervisory body should be established to oversee oil industry contracts.

Speaking at the third national conference on upgrading contractual frameworks in oil industry, Javadi said Tuesday that it was necessary for the congress to prepare a contractual roadmap through sharing views between outsourcers and contractors.

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TRANSIT TRANSPORT, IRAN AND ITS NEIGHBOURING COUNTRIES

November 22, 2014

Transit Transport, Iran & its Neighbouring Countries, 16th Bi-Weekly N & A (November 22, 2014)According to Bloomberg.com on November 4, 2014:

China plans a $16.3 billion fund to finance construction of infrastructure linking its markets to three continents as President Xi Jinping pushes forward with his plans to revive the centuries-old Silk Road trading route.

The fund, overseen by Chinese policy banks, will be used to build and expand railways, roads and pipelines in Chinese provinces that are part of the strategy to facilitate trade over land and shipping routes, according to government officials who participated in drafting the plan.

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TAX HAVENS, TAX EVASION AND BANKING SECRECY

November 7, 2014

Tax Havens, Tax Evasion and Banking Secrecy, 15th Bi-Weekly N & A (November 7, 2014)According to Bloomberg.com on October 29, 2014:

Governments around the world closed in on tax evaders with an automatic data-sharing agreement that broadens efforts by the U.S. and the five biggest European Union economies to more than 50 countries and territories.

Finance ministers signed the agreement in Berlin today in a signal of global determination to capture tax revenue, after the U.S. pursued banks such as Credit Suisse Group AG (CSGN) for helping Americans cheat on their taxes and German authorities bought CDs containing stolen bank data.

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