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Indian investor's covid plea can't save claim against Libya - GAR

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Flags flying over Tripoli, Libya (Credit: Shutterstock/Hussein Eddeb)

An UNCITRAL tribunal has terminated an Indian construction company’s US$110 million treaty claim against Libya for a failure to pay required advances, despite a plea from the investor that coronavirus conditions in its home country warranted granting an extension.

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August 03, 2021 at 03:00AM
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Indian investor's covid plea can't save claim against Libya - GAR
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