Nigeria and Vietnam have put forward proposals to restrict the compensation that foreign investors can claim in international disputes. The measures aim to limit speculative claims and prevent governments from facing excessive financial liabilities.
The move reflects growing concern among the two nations about the scale of potential payouts to overseas investors through international dispute mechanisms. By tightening the rules around compensation awards, both countries hope to reduce their exposure to large financial claims.
The proposals signal a broader effort by developing nations to reshape the terms under which foreign investors can seek damages against governments for alleged breaches of investment agreements.