Canada has largely been a leader in the use of arbitration for the resolution of disputes. When UNCITRAL finalized and adopted in July 2014 the”United Nations Convention on Transparency in Treaty-based Investor-State Arbitration“, also known as the “Mauritius Convention on Transparency,” Canada became the second State to ratify it on December 12, 2016. To date, 22 states have signed the Convention, and only 5, including Canada, have ratified it.
Although the focus of this Convention was on arbitrations between an investor and a State and the implementation of the UNCITRAL Rules on Transparency in Treaty-based Investor-State Arbitration, . . . [more]