{"id":17086,"date":"2026-04-21T18:49:54","date_gmt":"2026-04-21T16:49:54","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=17086"},"modified":"2026-04-23T13:59:40","modified_gmt":"2026-04-23T11:59:40","slug":"treaty-data-evolving-international-investment-regime-josef-ostransky-dafina-atanasova","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2026\/04\/21\/treaty-data-evolving-international-investment-regime-josef-ostransky-dafina-atanasova\/","title":{"rendered":"ITN Special Issue \u2013 Treaty Data and the Evolving International Investment Regime"},"content":{"rendered":"<p>This special issue of <em>Investment Treaty News<\/em> examines the changing landscape of international investment agreements (IIAs) and the growing role of treaty data in informing evidence-based policy choices. The issue is co-edited with Dafina Atanasova and informed by two major UN Trade and Development (<span class='tooltipsall tooltipsincontent classtoolTips7'><span class='tooltipsall tooltipsincontent classtoolTips8'>UNCTAD<\/span><\/span>) data releases in 2025: the new <a href=\"https:\/\/investmentpolicy.unctad.org\/international-investment-agreements\/iia-mapping\/Facilitation\">UNCTAD <span class='tooltipsall tooltipsincontent classtoolTips73'>IIA<\/span> Facilitation Mapping database<\/a>, which maps facilitation-related content across more than 400 investment treaties concluded since 2010; and the largest update of the <a href=\"https:\/\/investmentpolicy.unctad.org\/international-investment-agreements\/iia-mapping\/Content\">UNCTAD IIA Content Mapping database<\/a> since 2017, covering over 200 additional IIAs, including all broad economic agreements with substantive protection content, and bringing the dataset up to date for the period 2017\u20132024. Both dataset updates are analyzed in a recent <a href=\"https:\/\/investmentpolicy.unctad.org\/publications\/1320\/the-reform-of-international-investment-agreements-state-of-play\">UNCTAD report on the state of play of IIA reform<\/a>. Together, these resources offer a useful, granular view of how IIAs have evolved in recent years. Complemented by the <a href=\"https:\/\/investmentpolicy.unctad.org\/investment-dispute-settlement\">UNCTAD Investment Dispute Settlement Navigator<\/a>, they also provide a foundation for the kind of empirical analysis that has long been called for in a field where treaty-making often outpaces systematic evidence on what works. The contributions in this issue approach the relationship between treaty data, treaty design, and practice from complementary angles.<\/p>\n<p>Joshua Paine\u2019s contribution examines the growing trend of including joint committees in IIAs\u2014institutional bodies tasked with facilitating ongoing cooperation between treaty parties. Drawing on UNCTAD\u2019s mapping data, Paine observes that 60% of IIAs concluded between 2020 and 2024 include a committee, a marked increase from earlier periods. His piece sketches a research agenda around the diverse functions conferred on these committees and highlights a key challenge: we still know remarkably little about whether and how these bodies operate in practice and whether they support meaningful, lasting cooperation. As Paine argues, closing this knowledge gap is essential for evidence-based policy-making on institutional design for IIAs.<\/p>\n<p>Writing in her personal capacity, Mariana Pinto Schmidt offers a negotiator\u2019s perspective drawing on her experience in Chile, a country that has actively engaged with the evolving investment treaty landscape. Her piece illustrates how a state can pursue coherent treaty design\u2014clarifying protection standards, managing overlapping treaty networks, and incorporating facilitation and sustainable development commitments\u2014while working within constitutional and regulatory constraints. Pinto Schmidt\u2019s contribution also highlights the practical relevance of comparative data and UNCTAD\u2019s mapping tools for informing negotiation strategy and maintaining consistency across a treaty network. She stresses that treaty data are key tools to support and inform governmental policy, rather than to drive it.<\/p>\n<p>Lise Johnson\u2019s contribution examines the importance of public access to information on treaties and <span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span> for diagnosing systemic problems and informing reform. Drawing on concrete examples\u2014from the use in negotiations to the costs of defending ISDS claims, from the practice of double-hatting to the debates on third-party funding disclosure at <span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span>\u2014Johnson shows how publicly available data have been indispensable to identifying concerns and evaluating proposed solutions in treaty-making as well as ISDS reform. Her piece also considers the limits of current transparency, noting that partial access can itself distort reform debates, particularly when the evidence needed to justify regulation cannot be gathered without first mandating disclosure. Johnson argues that as the volume of treaties and awards continues to grow, transparency and accessibility\u2014through searchable, freely available databases\u2014must grow commensurately.<\/p>\n<p>A common thread across the contributions is the recognition that the international investment regime is in a period of significant, if uneven, transformation. Investment treaties are no longer viewed primarily through the lens of investor protection and dispute settlement; institutional cooperation, regulatory coherence, and new approaches to facilitation are increasingly shaping treaty design. Yet, as these contributions make clear, meaningful reform depends on the availability and use of reliable data\u2014on treaty content, on institutional practice, and on the real-world operation of commitments that states have undertaken.<\/p>\n<p>We hope this issue contributes to that effort and invites further engagement from researchers, practitioners, and policy-makers alike.<\/p>\n<p><em>The authors&#8217; opinions and views expressed in this article are expressed in their personal capacity.<\/em><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips7','United Nations Conference on Trade and Development'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips8','Conferencia de las Naciones Unidas sobre Comercio y Desarrollo'); <\/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('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips73','international investment agreement'); <\/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('.classtoolTips106','asociaci\u00f3n p\u00fablica-privada'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips112','Objetivo de Desarrollo Sostenible'); <\/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('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>Josef Ostransky and Dafina Atanasova introduce this special <span class='tooltipsall tooltipsincontent classtoolTips60'>ITN<\/span> issue by highlighting how major 2025 updates to <span class='tooltipsall tooltipsincontent classtoolTips7'>UNCTAD<\/span>\u2019s treaty databases are transforming investment policy. Moving beyond a narrow focus on investor protection, this issue explores a regime in transition\u2014one increasingly defined by institutional cooperation, and multiplicity of treaty functions. Featuring insights from Joshua Paine on the rise of treaty committees, Mariana Pinto Schmidt on Chile\u2019s experience of evolving treaty portfolio, and Lise Johnson on the necessity of transparency, the editorial underscores that meaningful reform relies on empirical evidence.<script type=\"text\/javascript\"> toolTips('.classtoolTips7','United Nations Conference on Trade and Development'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips8','Conferencia de las Naciones Unidas sobre Comercio y Desarrollo'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips60','Investment Treaty News'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips113','responsabilidad social corporativa'); <\/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('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script><\/p>\n","protected":false},"author":34,"featured_media":17241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[234],"tags":[1900],"class_list":["post-17086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-current-issue"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/17086","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=17086"}],"version-history":[{"count":5,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/17086\/revisions"}],"predecessor-version":[{"id":17345,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/17086\/revisions\/17345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/17241"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=17086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=17086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=17086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}