Question
What is the international trade legal issue in the below question? Company X has its seat in State A and operates in the energy sector.
What is the international trade legal issue in the below question?
Company X has its seat in State A and operates in the energy sector. On 21 Jan 2021, company X concluded a contract for the extraction and sale of liquefied natural gas with State B and subsequently invested $100,000,000. to commence extraction operations in June 2021. In July 2021, State B passed legislation providing incentives to companies operating in the production of wind energy within the territory State B and limited the extractive capacity of company X within the territory of State B.
Please advise.
Thank you
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