Djibouti liable over deal with Chinese port operator
An LCIA tribunal has ordered Djibouti to pay $533 million to a subsidiary of Emirati port operator DP World after finding that the east African state breached the company’s exclusivity rights by pursuing the development of container port facilities with a rival Chinese operator.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now