UNCITRAL Adopts Toolkit on ISDS Prevention
UNCITRAL has adopted a new toolkit designed to help states mitigate and prevent investor–state disputes. The toolkit provides practical guidance on treaty drafting, early dispute resolution, and conflict management techniques to reduce reliance on costly arbitration. It is the next product in the UNCITRAL’s ongoing work on ISDS reform that has so far seen limited success in terms of deliverables (e.g., here and here).