On 29 October–2 November 2018, CIL participated as observer in the 36th session of UNCITRAL Working Group III held in Vienna, Austria. The meeting was attended by Research Associate Professor (CIL) N Jansen Calamita, Head of CIL’s Investment Law and Policy Programme, and Dr Charalampos Giannakopoulos, CIL Visiting Research Consultant.

Convening twice annually, UNCITRAL Working Group III brings together more than 200 government officials, UN officials and NGO representatives, with a mandate to (i) identify concerns raised by the current mechanisms for resolving investor-state disputes, (ii) discuss the desirability of reform in light of the concerns identified, and (iii) propose relevant solutions. During the Vienna meeting, discussions focussed on the second part of the above three-part mandate.

Research Assoc Prof (CIL) Calamita contributed to the discussions by delivering an address on the effects of third-party funding practices on investor-state dispute settlement and arguing for the desirability of reform in this respect. CIL’s participation in the UNCITRAL Working Group III is part of the Centre’s broader engagement with the topic of reform of investor-state dispute settlement, including through the possible establishment of appellate mechanisms and standing tribunals.