UNCITRAL issues draft statutes for Permanent and Appellate Tribunal to reform Investor-State Dispute Settlement
Introduction The United Nations Commission on International Trade Law (UNCITRAL), acting through its Working Group III on Investor-State Dispute Settlement (ISDS) Reform, has released two important draft working papers proposing a major institutional restructuring of how investor-state disputes are resolved. These drafts, A/CN.9/WG.III/WP.259 and A/CN.9/WG.III/WP.260, set out proposed statutes establishing a permanent first-instance tribunal and a permanent appellate tribunal for […]
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