Port Company Challenges Australian Acquisition Application
An application has been lodged with the World Bank's International Centre for Settlement of Investor Disputes to prevent a port acquisition. Anthony Albanese previously stated returning the port to Australian control was necessary for national security. The request seeks formal arbitration proceedings.
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Sources · 7 independent
ABC NewsRadio AU
“An application to prevent the acquisition has been lodged with the World Bank's International Centre for Settlement of Investor Disputes, requesting arbitration proceedings.”
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