Message to the Senate — UN Convention on Transparency in Treaty-Based Investor-State Arbitration

Issued December 9, 2016

The treaty referred to in the title was done at New York on December 10, 2014. As in the other message posted this date, it includes a report from the Secretary of State on the Convention. Again, the treaty itself and the report are not available on this site.

Quoting from the message:

“The Convention requires the application of the modern transparency measures contained in the United Nations Commission on International Trade Law (UNCITRAL) Transparency Rules to certain investor-state arbitrations occurring under international investment agreements concluded before April 2014, including under the investment chapters of U.S. free trade agreements and U.S. bilateral investment treaties.”

Overall, this seems to be a good treaty for both the United States and other nations.

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