Spanish Abstract: La idea de crear el Centro de Solución de Controversias en Materia de Inversiones de la Unión de Naciones Suramericanas (UNASUR) (Centro) surgió a partir del año 2008. Ecuador, país miembro de UNASUR que en el año 2009 denunció el Convenio del Convenio sobre Arreglo de...

The idea of creating the Centre for the Settlement of Investment Disputes (Centre) of the Union of South American Nations (in Spanish, UNASUR) emerged in 2008. Ecuador, a UNASUR member state, denounced the Convention on the Settlement of Investment Disputes between States and Nationals of Other...

This article reflects on the suitability of including non-legal arbitrators in certain investment arbitrations. It presents different mechanisms that have been used in the investment arbitration context to aid legal arbitrators with scientific-technical issues and contemplates the drawbacks of...

Economic experts indicate that the investment prospects in Latin America and the Caribbean are not positive. They attribute the general negative trend in Latin America to a set of factors such as the continued economic recession, falling commodity prices, higher currency volatility, and...

This article begins by presenting some recent statistical data on rule of law, investment, and corruption in Venezuela. It focuses afterwards on analysing the 2014 Venezuelan Anti-Corruption Law, and it develops various arguments that may lead to question this Law´s real objectives from an...

As our societies face new challenges and make new demands from policies addressing international investment, there is a new urgency to profoundly reconsider treaties addressing investment. This paper was prepared originally as background for initial inter-governmental and public discussions at...

Investment treaty policy increasingly interacts with business responsibilities. This scoping paper first surveys the converging approaches to responsible business conduct (RBC) and business and human rights (BHR) as reflected in the OECD Guidelines for Multinational Enterprises, the United...

An “ethics explosion” is emerging in the international investment arena in many different ways. Along with the EU’s strong desire to regulate the ethical aspects of adjudicators’ duties in its latest generation of IIAs, whether already in force or still under negotiation, a growing...

As a result of the meeting in New York of UNCITRAL Working Group III, states suggested focusing on a second workstream on structural reform options that would cover issues relating to, inter alia, amendments to the existing ISDS process and the establishment and composition of a Multilateral...

The mushrooming of Special Economic Zones (SEZs) in recent years has led to a significant increase in the supply of attractive incentives for investors looking for opportunities abroad. SEZs are self-contained regimes, inextricably associated with investment promotion policies and domestic...