ISDS Case Map
ISDS reform
Tweaked versions of the investor-state dispute settlement (ISDS) mechanism being proposed to avoid the most controversial aspects of regular forms of ISDS
India's Prime Minister's Office (PMO) has asked the commerce ministry to examine the model text of the bilateral investment treaty and suggest modifications to further improve the ease of doing business.
UNCITRAL adopts a new code of conduct for arbitrators in international investment dispute resolution
Although a universal and uniform framework regulating arbitrators’ conduct is useful, its impact may be limited due to limited implementation prospects and the absence of punitive measures.
The proposal of a carveout emerges as a targeted damage control measure to address the recognized and urgent problem that ISDS poses to climate action.
Pakistan’s previous policy, initiated in 2021, sought to terminate its bilateral investment treaties to avoid further ISDS cases by international investors.
Pakistan has negotiated to include a graduated approach for settlement of investment disputes between the state and investors.
In September 2023, the European Commission has unveiled a non-paper presenting model clauses for BITs between EU member states and third countries.
Without a mandatory and uniform standard on the human rights obligations of investors in investment law, any change in international investment arbitration may be incremental.
Our frequent inability to answer even basic questions about the full universe is a salutary reminder that we know less than is ideal about investor-state dispute settlement (ISDS).
Full-throttle efforts are being made to ensure India-UK FTA and BIT, get finalised simultaneously.
Since India’s quest has been to establish a rule-based global order, its support for an appellate review will ensure more state and investor confidence in international investment law.
