SMH
·general
·2 hours ago
Landbridge Group sues World Bank over Australia's Darwin Port lease termination
Chinese firm Landbridge Group has filed a case with the World Bank's International Centre for Settlement of Investor Disputes, challenging Australia's plan to terminate its 99-year Port of Darwin lease. The April 23 filing argues the Australian government's move violates their free trade agreement. Both major Australian political parties promised to return the strategically significant port to Australian ownership.
Summary by Glance · SMH
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