Reform of investment dispute resolutio at the UNCITRAL from the perspective of the European Union

Abstract

This contribution analyses the EU's and its Member States' approach the reform of investors-State dispute settlement (ISDS) in the context of the UNCITRAL discussions. First, the paper explains the EU's position to the reform and its ambitious proposal of the standing investment court.

Then, it demonstrates how difficult it turned out to be for the EU to promote the reform proposal in multilateral negotiations at the UNCITRAL. Finally, the article explores how the EU employs several means, including internal mobilisation, or engagement of other stakeholders, in order to gain support for its proposal.

Keywords

• Reform
• investment
• dispute
• resolutio
• UNCITRAL
• perspective
• European
• Union