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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: ICSID/VN
2
Jul 15, 2009 09:37AM

Good post Joe! I don't recall seeing that website before, so thanks for posting the link.

CJR, unfortunately, for us to get the same compensation/treatment as a Russian company that we'd be entitled to under Article III of the Canada-Venezuela BIT, Venezuela would have to actually nationalize then compensate a Russian company at market value to establish that precedent, and I doubt they'd do that.

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Jul 15, 2009 10:22AM
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