The proliferation of bilateral international investment agreements (IIAs) globally, with their binding Investor-State Dispute Settlement (ISDS) provisions, means that investment arbitrations will be an ongoing feature of business relations in many parts of the world. Even if some countries are terminating their IIAs, investment arbitrations will continue, the challenge for governments being to respond to criticisms by improving appointment procedures, transparency and public understanding of the ISDS process generally. This May 2023 article suggests some ways forward,
Investor-State Disputes – The Record and the Reforms Needed for the Road Ahead