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On 2 April 2021, Ethiopia enacted a new arbitration law, known as the Arbitration and Conciliation Working Procedure, Proclamation Number 1237/2021 (the Proclamation ), to apply to commercial domestic arbitrations and international arbitrations whose seat is in Ethiopia.
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The new law is part of larger efforts in the country to modernize its laws and position Ethiopia as business-friendly, thereby attracting more foreign investment. Ethiopia is the second most populous country in Africa, with a population of over 112 million, and the fastest-growing economy in the region according to the World Bank.
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Prior to the enactment of the new law, under the previous legal framework for arbitration in Ethiopia, there was a limitation on the scope of the competence-competence doctrine, which allows arbitrators to rule on their own jurisdiction. While the Civil Code allows arbitrators to rule on their jurisdiction, Article 3330(
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Dhaka, Delhi exploring cross-border R-LNG pipeline, terminal projects
Diplomatic Correspondent
11th March, 2021 12:31:53
India on Wednesday said it is considering a proposal with Bangladesh for supplying Refined-Liquefied Natural Gas (R-LNG) through a cross-border pipeline and also exploring the establishment of an LNG terminal.
“We are working assiduously to promote the sub-region comprising Bhutan, Bangladesh, Nepal, Myanmar and India as an energy hub,” Indian Foreign Secretary Harsh Vardhan Shringla said while Inauguration of the South Asia Group on Energy (SAGE) at the Research and Information System for Developing Countries in New Delhi on Wednesday.
He said be it conventional sources, hydropower, solar, wind or even petroleum products, India is taking the lead to promote a regional approach to our energy needs, according to a written speech available in the MEA website.
Uniindia: New Delhi, Mar 10 (UNI) India is working to promote the sub-region comprising Bhutan, Bangladesh, Nepal and Myanmar as an energy hub, Foreign Secretary Harsh Vardhan Shringla said here on Wednesday.
Irfan Tramboo
SRINAGAR, Mar 3: With the ban on mining across J&K, the non-availability of construction material has taken a hit on the Government as well as private works across Kashmir and those who manage to get the minerals they are being sold at exorbitant rates.
Several contractors, who have taken up the Government, as well as the private works in Kashmir, told Excelsior that they are suffering due to the absence of raw material and that the Government is not paying any heed to their issues.
“It has all happened due to the ban that was imposed on the mining by the Government and due to which all the Government works as well as the private ones have come to a grinding halt,” Ghulam Jeelani Purza president of J&K Contractors Coordination Committee (JKCCC) told Excelsior.