Published on 20 March 2026 in Newsletters

E-Newsletter – Winter 2026

Firm news

Over the winter period, Volterra Fietta continued to be instructed by clients on the most significant international disputes and public international law matters.  For example, as recently reported, the claims value of Volterra Fietta’s disputes last year exceeded USD 40,000,000,000 – which does not include the significant, “bet-the-country” matters whose monetary value cannot be defined.

In this newsletter, Volterra Fietta highlights recent developments in international organisations, international trade and investment law, international criminal law, armed conflict and international dispute resolution.

Recent developments in public international law

ICC Issues Policy on Environmental Damage under the Rome Statute

In December 2025, the Office of the Prosecutor of the International Criminal Court released its Policy on Addressing Environmental Damage Through the Rome Statute.  This document marks an important development in the treatment of environmental harm within international criminal law.

The entry into force of the High Seas Treaty

In September 2025, the High Seas Treaty – a multinational treaty on marine diversity on areas beyond national jurisdiction – received the 60 ratifications required for its entry into force, which occurred on 17 January 2026.

United States withdraws from WHO and dozens of international organisations

In January 2026, the United States formally completed its withdrawal from the World Health Organization and announced its intention to withdraw from 66 international organisations and multilateral bodies, including numerous United Nations-affiliated entities.  The decision follows a broader governmental review assessing participation in international institutions against perceived U.S. national interests.

India and EU sign an FTA labelled “the mother of all deals”

On 27 January 2026, India and the European Union signed a free trade agreement (“FTA”), after over two decades worth of negotiations.  The FTA, called by some the “mother of all deals”, is the largest deal ever signed by these two parties.  The FTA is expected to cover a market of over USD 24 trillion and aims to save over EUR 4 billion per year in duties on European products.

UN General Assembly adopts resolution to improve coordination against Human Trafficking

On 18 December 2025, the United Nations General Assembly adopted a resolution aimed at improving international coordination in efforts to combat trafficking in persons, reaffirming the need for a comprehensive and cooperative global response to one of the most pervasive forms of transnational organised crime.

The Kingdom of Saudi Arabia approves regulatory frameworks for its Special Economic Zones

The Saudi Council’s ministerial Resolution No. 468, published in the Official Gazette on 16 January 2026, approves the governance regulations for each of the Special Economic Zones (“SEZs”) (i.e., the King Abdullah Economic City SEZ, Ras Al Khair SEZ, Jazan SEZ and Cloud Computing SEZ), originally launched on 13 April 2023.  While the first three SEZs are physically demarcated zones, the Cloud Computing SEZ offers cloud service providers with flexibility to establish data centres across the Kingdom of Saudi Arabia (the “KSA”).  The purpose of the establishment of these SEZs is to diversify the KSA’s economy beyond oil, especially in the sectors of maritime logistics, manufacturing and energy related industries.  The resolution aims to provide regulatory certainty for investors operating within these zones.

Recent and upcoming firm events

Recent:

Upcoming:

Volterra Fietta has been described as “The law firm which other law firms fear.”  If you would like to be added to Volterra Fietta’s invitation list for future events, please email your name and affiliation to info@volterrafietta.com.

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