{"id":16208,"date":"2025-04-30T14:42:10","date_gmt":"2025-04-30T12:42:10","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=16208"},"modified":"2025-09-04T15:05:52","modified_gmt":"2025-09-04T13:05:52","slug":"three-uncitral-working-group-iii-meetings-in-early-2025","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2025\/04\/30\/three-uncitral-working-group-iii-meetings-in-early-2025\/","title":{"rendered":"Three UNCITRAL Working Group III Meetings in Early 2025"},"content":{"rendered":"<p><a href=\"https:\/\/uncitral.un.org\/en\/working_groups\/3\/investor-state\"><span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> Working Group III (WGIII) on Investor-State Dispute Settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>) Reform<\/a> continued its work with two sessions in the first quarter of 2025. Its <a href=\"https:\/\/docs.un.org\/en\/A\/CN.9\/1195\">50th session<\/a> took place in January, discussing procedural and cross-cutting issues and a draft statute of a standing mechanism for the resolution of international investment disputes. The 51st session in New York was divided into two parts, <a href=\"https:\/\/undocs.org\/en\/A\/CN.9\/1196\">one in February<\/a> and the other in April. The topics discussed in the first part were the multilateral instrument to implement WGIII reform products and the operationalization of the Advisory Centre, whereas the second part continued the work on topics discussed during the 50th session. During these sessions, the Secretariat has published three unofficial documents reflecting work in progress, among which are the <a href=\"https:\/\/uncitral.un.org\/sites\/uncitral.un.org\/files\/media-documents\/uncitral\/en\/damages_guidlines_draft_1.pdf\">Draft Guidelines on the Calculation of Damages and Compensation in ISDS<\/a>, that contain recommendations about the organization of the arbitral proceedings when it comes to damages calculation, the burden of proof, causation, standard of compensation, state defenses, valuation methods, interest, and allocation of costs. (The Academic Forum on ISDS Reform also shared a draft paper on the same topic during the second part of the 51st session, <a href=\"https:\/\/www.jus.uio.no\/ior\/english\/research\/projects\/copiid\/academic-forum\/papers\/the-assessment-and-calculation-of-damages---academic-forum-on-isds---28-february-2025.pdf\">here<\/a>). The other two unofficial documents deal with the\u00a0<a href=\"https:\/\/uncitral.un.org\/sites\/uncitral.un.org\/files\/media-documents\/uncitral\/en\/wp.256_draft_statute_initial_draft_for_website.pdf\">draft provisions on procedural and cross-cutting issues and the draft statute of a standing mechanism<\/a>.<\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips43','investor\u2013state dispute settlement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips58','soluci\u00f3n de controversias inversionista-Estado'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips104','responsabilit\u00e9 sociale des entreprises'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips112','Objetivo de Desarrollo Sostenible'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p><span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> Working Group III (WGIII) on Investor-State Dispute Settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>) Reform continued its work with two sessions in the first quarter of 2025.<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips43','investor\u2013state dispute settlement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips58','soluci\u00f3n de controversias inversionista-Estado'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script><\/p>\n","protected":false},"author":34,"featured_media":16209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[],"class_list":["post-16208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/16208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=16208"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/16208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/16209"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=16208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=16208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=16208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}