Transparency in investor-state arbitration: the way forward

The push for transparency in investor-State arbitration is gaining momentum. In July 2013 the United Nations Commission on International Trade Law (UNCITRAL) adopted the UNCITRAL Rules on Transparency in Treaty-based Investor-State Arbitration. (1) In December 2014 the General Assembly adopted the U...

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Bibliographic Details
Main Authors: Ribeiro, J., Douglas, Michael
Format: Journal Article
Published: Kluwer Law International 2015
Online Access:http://www.kluwerarbitration.com/CommonUI/document.aspx?id=kli-ka-aiaj-2015-11-002-n
http://hdl.handle.net/20.500.11937/47596
Description
Summary:The push for transparency in investor-State arbitration is gaining momentum. In July 2013 the United Nations Commission on International Trade Law (UNCITRAL) adopted the UNCITRAL Rules on Transparency in Treaty-based Investor-State Arbitration. (1) In December 2014 the General Assembly adopted the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (Mauritius Convention on Transparency), (2) providing a streamlined mechanism for States to adopt the Rules on Transparency. These developments are part of a welcomed trend towards transparency in investor-State page "49" arbitration. (3) This article explains why transparency of investor-State arbitration is so important, why the Rules on Transparency should be widely adopted, and how the Mauritius Convention on Transparency can make that happen.