{"id":17060,"date":"2026-04-21T18:48:24","date_gmt":"2026-04-21T16:48:24","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=17060"},"modified":"2026-04-21T18:48:24","modified_gmt":"2026-04-21T16:48:24","slug":"canada-uae-bit-introduces-modernised-dispute-rules-including-third-party-funding-disclosure","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2026\/04\/21\/canada-uae-bit-introduces-modernised-dispute-rules-including-third-party-funding-disclosure\/","title":{"rendered":"Canada\u2013UAE BIT Introduces Modernised Dispute Rules, Including Third-Party Funding Disclosure"},"content":{"rendered":"<p>The recently signed the <a href=\"https:\/\/www.international.gc.ca\/trade-commerce\/trade-agreements-accords-commerciaux\/agr-acc\/united_arab_emirates-emirats_arabes_unis\/fipa-apie\/background-contexte.aspx?lang=eng\">Canada\u2013UAE <span class='tooltipsall tooltipsincontent classtoolTips63'>BIT<\/span><\/a> includes notable innovations: an expedited arbitration procedure for small claims, mandatory third-party funding disclosure requirements, and a code of conduct for arbitrators. These provisions reflect treaty drafting aimed at addressing some of the common criticisms of <span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>, such as lack of transparency, high costs, and concerns about arbitrator conflicts of interest. These innovations signal that states are increasingly embedding procedural safeguards directly into treaty texts, rather than waiting for multilateral reform at <span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span>. The Canada\u2013UAE BIT may serve as a model for future bilateral negotiations seeking to modernise ISDS mechanisms without awaiting global consensus. At the same time, the agreement does not remove ISDS entirely\u2013a policy option that is <a href=\"https:\/\/www.iisd.org\/publications\/report\/investment-treaty-and-isds-reform-questions-answers?gad_source=1&amp;gad_campaignid=22208053183&amp;gclid=Cj0KCQjwp7jOBhDGARIsABe7C4eHbDKYd9euhfhNG00D1vpIMK1Z3QYskfwbsqBIxTBrw70wMKn_dREaApUpEALw_wcB\">best aligned with sustainable development<\/a>.<\/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('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/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 recently signed the Canada\u2013UAE <span class='tooltipsall tooltipsincontent classtoolTips63'>BIT<\/span> includes notable innovations: an expedited arbitration procedure for small claims, mandatory third-party funding disclosure requirements, and a code of conduct for arbitrators.<script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><\/p>\n","protected":false},"author":34,"featured_media":17217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[1900],"class_list":["post-17060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-current-issue"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/17060","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=17060"}],"version-history":[{"count":1,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/17060\/revisions"}],"predecessor-version":[{"id":17061,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/17060\/revisions\/17061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/17217"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=17060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=17060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=17060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}