UNCITRAL meets in New York to consider possible reform of investor-State dispute settlement

A working group entrusted by the United Nations Commission on International Trade Law (UNCITRAL) with a broad, three-phase mandate to work on the possible reform of investor-State dispute settlement (ISDS) is meeting this week in New York to continue discussing procedural aspects of ISDS, including the arbitral process and overall consistency and coherence of its outcomes.

In recognition of the importance of the topic under consideration, and of the significance of inclusive and diverse representation in UNCITRAL sessions, the European Union and the Swiss Agency for Development and Cooperation have offered to provide financial assistance over the next three years to support the participation of developing States in sessions of the Working Group. The UNCITRAL Secretariat gratefully acknowledges these contributions, which will enhance the level of participation in, as well as the results of, the Working Group's deliberations. Other donors wishing to contribute should contact the UNCITRAL Secretariat for further information.