Iraq/Kuwait: Agility loses Korek Telecom case against Baghdad

Issue 1121 - 04 Mar 2021

Kuwaiti logistics firm Agility Public Warehousing Company has lost an arbitration case against the Iraqi government over a decision to strip it of its shareholding in Erbil-headquartered Korek Telecom. Agility filed a request for arbitration in February 2017 with the International Centre for the Settlement of Investment Disputes (ICSID) against the Iraqi government over its handling of the matter.

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