Fasken advised a gold mining company on drafting and negotiating an Investment Protection Agreement with Ecuador. The agreement provided guarantees related to tax and other incentives and included extensive dispute resolution provisions drafted by Fasken. These provisions ensure the company has access to internationally recognized arbitration processes in investor-friendly jurisdictions for the project's duration (approximately 30 years). These provisions are particularly important given the risks associated with foreign investment in Ecuador, especially in the mining sector.
Jurisdiction
- Canada