UNCITRAL Working Group III and Fragmentation of ISDS
Welcome to this session on UNCITRAL Working Group III and the reform of the investor-state dispute settlement system. This panel brings together experts from international organizations, governments, and academia to discuss the progress and challenges of modernizing investment arbitration. Drawing on recent debates in Vienna and New York, it explores issues such as the creation of a multilateral investment court, a code of conduct for arbitrators, third-party funding, and dispute prevention. The discussion also highlights the risks of fragmentation and the opportunities of building a coherent multilateral framework. Join us as we uncover how these reforms aim to strengthen the legitimacy, efficiency, and transparency of the international system.
