UN Convention on Transparency in Treaty-based Investor-State Arbitration

At a Glance 26-01-2016

The Rules on Transparency in Treaty-based Investor-State Arbitration of the United Nations Commission on International Trade Law (UNCITRAL), in force since April 2014, introduce requirements on the publication of certain documents in arbitral proceedings which apply the UNCITRAL arbitration rules. The new Mauritius Convention would allow those transparency rules also to be applied in disputes arising under investment agreements existing prior to April 2014. The Council is currently debating on what basis the EU and its Member States can sign the Convention.