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Philip Morris International claims against Uruguay without merit. 

Legal analysis concludes Uruguay's new tobacco regulations are consistent with international law
Jump to full article: MarketWire, 2010-08-12

Intro:

A legal analysis of the challenge launched by Philip Morris International (PMI) found the company to be both unjustified and unreasonable in its opposition to Uruguay's new tobacco packaging laws.

"In my opinion" said the report's author, Todd Weiler," the claim is nothing more than the cynical attempt by a wealthy multinational corporation to make an example of a small country with limited resources to defend against a well-funded international legal action, but with a well-deserved reputation as a worldwide leader in tobacco control."

In March 2010, three subsidiaries of USA-based Philip Morris International (PMI) launched a damages claim against the Government of Uruguay under the Switzerland - Uruguay Agreement on the Promotion and Protection of Foreign Investments. The companies claimed that their rights under this agreement were impaired by Uruguay's requirements for health warnings that covered 80% of the cigarette package and by regulations to end the industry practice of colour-coding cigarette packages.

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