How Investment Agreements Can Protect Free Media
More than money is at stake in Al Jazeera's $150 million suit against the Egyptian government for disregarding provisions of a bilateral agreement with Qatar. The suit claims that the broadcaster's right to freedom of expression was violated, creating the possibility of using trade and investment pacts to protect media freedom.
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NEW YORK – At the beginning of this year, Al Jazeera sued the Egyptian government for $150 million. The Qatar-based news channel presented its case before the World Bank’s International Centre for Settlement of Investment Disputes in Washington, DC. But much more is at stake than a simple commercial disagreement in which Al Jazeera is attempting to enforce Egypt’s obligations under a bilateral investment treaty with Qatar.