Diplomatische Akademie Wien, Favoritenstraße 15a, 1040 Vienna
The United Nations Commission on International Trade Law (UNCITRAL) is currently engaged in a process to consider reform of investor-state arbitration (also known as investor-state dispute settlement or ISDS). ISDS has emerged as one of the controversial issues in fields of international economic governance, and when thinking about the roles, rights, and responsibilities of states, multinational enterprises, and citizens.
Alongside the UNCITRAL negotiations, which took place October 29th – November 2nd in Vienna, UNCITRAL, the Columbia Center on Sustainable Investment, International Institute for Sustainable Development, and the International Institute for Environment and Development organized a session for interested members of the public (e.g., civil society, academia, practitioners) and government officials to present their views on the issues being discussed at UNCITRAL. Over one year into the process, what are perspectives on the process, its outcomes, and next steps?