{"id":16785,"date":"2026-01-19T15:22:29","date_gmt":"2026-01-19T14:22:29","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=16785"},"modified":"2026-04-21T19:21:21","modified_gmt":"2026-04-21T17:21:21","slug":"uncitral-working-group-iii-advances-reforms-in-investor-state-dispute-settlement","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2026\/01\/19\/uncitral-working-group-iii-advances-reforms-in-investor-state-dispute-settlement\/","title":{"rendered":"UNCITRAL Working Group III Advances Reforms in Investor\u2013State Dispute Settlement"},"content":{"rendered":"<p>The 9th intersessional <a href=\"https:\/\/uncitral.un.org\/en\/content\/ninth-inter-sessional-meeting\">meeting<\/a> of <span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> Working Group III on investor\u2013state dispute settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>) reform was held in Santiago, Chile, from 5 to 7 November 2025, bringing together government representatives, legal practitioners, and stakeholders to discuss key procedural and substantive reforms to ISDS regime, including <a href=\"https:\/\/www.linkedin.com\/posts\/iisd-economies_isds-investment-activity-7394380352880029696-lvQs?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAANuBYoBsty9COuhZbKQH1Dv29Xg-uANuXE\"><span class='tooltipsall tooltipsincontent classtoolTips32'>IISD<\/span> experts<\/a>. The meeting focused on several issues such as calculation of damages, third-party funding, state regulatory powers, shareholder claim rules, and potential reforms to enforcement and appeal mechanisms. Participants emphasized the need to enhance transparency, consistency, and fairness in treaty-based investment arbitration, while safeguarding the regulatory space of host states, particularly developing countries. <a href=\"https:\/\/undocs.org\/en\/A\/CN.9\/WG.III\/WP.261\">A joint submission<\/a> on the calculation of compensation and damages in ISDS by the Governments of Viet Nam and Nigeria was unveiled during the meeting.<\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips32','International Institute for Sustainable Development<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips33','Institut international du d\u00e9veloppement durable'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips34','Instituto Internacional para el Desarrollo Sostenible'); <\/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('.classtoolTips104','responsabilit\u00e9 sociale des entreprises'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips106','asociaci\u00f3n p\u00fablica-privada'); <\/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>The 9th intersessional meeting of <span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span> Working Group III on investor\u2013state dispute settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>) reform was held in Santiago, Chile, from 5 to 7 November 2025, bringing together government representatives, legal practitioners, and stakeholders to discuss key procedural and substantive reforms to ISDS regime, including <span class='tooltipsall tooltipsincontent classtoolTips32'>IISD<\/span> experts.<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips32','International Institute for Sustainable Development<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips33','Institut international du d\u00e9veloppement durable'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips34','Instituto Internacional para el Desarrollo Sostenible'); <\/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('.classtoolTips104','responsabilit\u00e9 sociale des entreprises'); <\/script><\/p>\n","protected":false},"author":34,"featured_media":16981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[],"class_list":["post-16785","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\/16785","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=16785"}],"version-history":[{"count":1,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/16785\/revisions"}],"predecessor-version":[{"id":17323,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/16785\/revisions\/17323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/16981"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=16785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=16785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=16785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}