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International Investment Law

Draft Treaty Language: Withdrawal of Consent to Arbitrate and Termination of International Investment Agreements

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In connection with ISDS reform efforts proceeding in UNCITRAL’s Working Group III, CCSI submitted “Draft Treaty Language: Withdrawal of Consent to Arbitrate and Termination of International Investment Agreements,” which sets forth specific treaty language that can be used to (1) amend existing international investment agreements to withdraw consent to investor-state arbitration (leaving in place substantive protections, which can be enforced through state-state arbitration, or permits consent to investor-state arbitration on an case-by-case basis) or (2) terminate existing international investment agreements.

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