Taking Stock of IIA Reform: Recent developments

By UNCTAD, published by UNCTAD, June 2019

This IIA Issues Note tracks progress on IIA reform, finding that it is well underway and involves countries at all levels of development and from all regions. It highlights that almost all the treaties concluded in 2018 contain a large number of reform features, and the core focus of reform action is in relation to ISDS. Approaches to ISDS reform range from traditional ad hoc tribunals to a standing court or to no ISDS. The note stresses that harnessing international investment for sustainable development requires holistic and synchronized reform through an inclusive and transparent process. Available at https://investmentpolicy.unctad.org/publications/1203/taking-stock-of-iia-reform-recent-developments