{"id":4644,"date":"2017-09-26T05:42:33","date_gmt":"2017-09-26T10:42:33","guid":{"rendered":"http:\/\/www.iisd.org\/itn\/?p=4644"},"modified":"2024-08-09T18:28:04","modified_gmt":"2024-08-09T16:28:04","slug":"uncitral-receives-mandate-to-work-on-isds-reform-transparency-convention-to-enter-into-force-on-october-18-2017","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2017\/09\/26\/uncitral-receives-mandate-to-work-on-isds-reform-transparency-convention-to-enter-into-force-on-october-18-2017\/","title":{"rendered":"UNCITRAL receives mandate to work on ISDS reform; Transparency Convention to enter into force on October 18, 2017"},"content":{"rendered":"<p>On July 14, 2017, the United Nations Commission on International Trade Law (<span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span>) <a href=\"http:\/\/www.unis.unvienna.org\/unis\/en\/pressrels\/2017\/unisl250.html\">entrusted<\/a> its Working Group III with a broad mandate to work on the possible reform of investor\u2013state dispute settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>). The working group will identify concerns regarding ISDS, consider whether reform is desirable and, if so, develop recommendations. Discussions will begin at the working group\u2019s <a href=\"http:\/\/www.uncitral.org\/uncitral\/en\/commission\/working_groups\/3Investor_State.html\">34th session<\/a>, scheduled to take place in Vienna between November 27 and December 1, 2017, and are expected to benefit from expertise from all stakeholders.<\/p>\n<p>In 2013 UNCITRAL adopted <a href=\"http:\/\/www.iisd.org\/project\/transparency-and-uncitral-arbitration-rules\">Rules on Transparency<\/a> in Treaty-based Investor\u2013State Arbitration, applicable to cases initiated under UNCITRAL Arbitration Rules and based on investment treaties concluded since April 1, 2014. The UN Convention on Transparency in Treaty-based Investor\u2013State Arbitration, also developed by UNCITRAL, provides an opt-in mechanism for states that wish to extend the application of such Transparency Rules to cases under treaties concluded before April 1, 2014. The <a href=\"http:\/\/www.uncitral.org\/uncitral\/en\/uncitral_texts\/arbitration\/2014Transparency_Convention.html\">Transparency Convention<\/a> will enter into force on October 18, 2017.<!--more--><\/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('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips106','asociaci\u00f3n p\u00fablica-privada'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script>","protected":false},"excerpt":{"rendered":"<p>On July 14, 2017, the United Nations Commission on International Trade Law (<span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span>) entrusted its Working Group III with a broad mandate to work on the possible reform of investor\u2013state dispute settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>).<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><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[1931,1947,1908],"class_list":["post-4644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-reform","tag-transparency","tag-uncitral"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/4644","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=4644"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/4644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=4644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=4644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=4644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}