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A/CN.9/United NationsGeneral AssemblyDistr.: General 2024 Original: EnglishThis document is a revised draft of A/CN.9/WG.III/WP.235 prepared by the secretariat for the fortyeighth session of Working
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01
Begin by gathering all necessary background information on ISDS (Investor-State Dispute Settlement).
02
Identify the key stakeholders involved in ISDS, including governments, investors, and civil society.
03
Review existing ISDS agreements and assess their impact on both investors and host states.
04
Conduct consultations with various stakeholders to understand their perspectives on ISDS.
05
Analyze the data collected and identify common issues or concerns that need addressing.
06
Propose potential reforms based on the analysis, aimed at improving fairness, transparency, and efficiency.
07
Draft a reform outline that includes specific recommendations and timelines for implementation.
08
Share the draft with stakeholders for feedback and make necessary adjustments.
09
Publish the final version of the reform proposal and promote discussions on its adoption.

Who needs exploring reform of isds?

01
Governments seeking to create fairer and more transparent investment environments.
02
Investors who wish to have confidence in the protection of their investments.
03
Civil society organizations advocating for accountability and reform in ISDS mechanisms.
04
Legal experts and practitioners specializing in international investment law.
05
Academics and researchers studying the implications of ISDS on global trade and investment.
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Exploring reform of ISDS (Investor-State Dispute Settlement) involves reviewing and potentially modifying the international legal framework and mechanisms used to resolve disputes between investors and states. It aims to address concerns about fairness, transparency, and the impact on public policies.
Typically, stakeholders such as government entities, policy makers, NGOs, and legal experts involved in international trade and investment may be required to participate in discussions or file feedback regarding the reform of ISDS.
Filling out exploring reform of ISDS generally involves submitting a well-structured document that outlines views and suggestions regarding ISDS practices. This may include providing evidence or case studies that support proposed reforms.
The purpose of exploring reform of ISDS is to enhance the efficiency, fairness, and legitimacy of the system, ensuring it serves both the interests of investors and the regulatory rights of states.
Information that must be reported can include opinions on existing ISDS mechanisms, suggestions for improvements, analysis of impacts on public policy, case studies of disputes, and proposed frameworks or guidelines for future ISDS processes.
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