Reforming the International Investment Agreements Regime

in partnership with the Columbia Center on Sustainable Development, International Institute for Sustainable Development (ISSD), International Centre for Settlement of Investment Disputes (ICSID), International Centre for Trade and Sustainable Development
16 October 2014
09:00 - 13:00 Europe/Zurich
Europe/Zurich

More than 50 key stakeholders, including chief IIA negotiators of many countries, from North and South, from East and West, senior business representatives, as well as representatives from relevant inter-governmental organisations and civil society attended the IIA Conference “Reforming the International Investment Agreements Regime” at the World Investment Forum 2014 on 16 October to address the challenges arising from international investment agreements (IIAs) and consider ways to reform the international investment policy regime. Participants engaged in real-time and cutting-edge interaction between IIA experts from all around the globe that will shape the reform of the IIA regime and investment dispute settlement towards sustainable development objectives. The statements presented at the conference can be found below.

The IIA Conference focused on the following main questions

  • What are the key areas and pressing issues in IIAs and investment dispute settlement that need to be addressed?
  • What are the key ways and means to address these issues?
  • What types of mechanisms and platforms are needed to facilitate the reform?

Through all of this, the IIA Conference generated four concrete outcomes

  • Agreement that the regime of IIAs and related dispute settlement need to be reformed in a comprehensive and gradual way, taking into account the interests of a all stakeholders.
  • Identification of pressing issues in IIAs and investment dispute settlement that need to be addressed and ways and means to do this.
  • Development of the contours of a roadmap for the reform of the IIA regime.
  • Recognition that individual reform efforts are useful but not sufficient and that only a joint, multilateral effort can be truly effective.

The debate continued at UNCTAD Expert Meeting on 25-27 February 2015 in Geneva, Switzerland.

Speakers

Director, Investment and Enterprise Division, UNCTAD
Director, Directorate of International Trade and FDI Promotion Strategy, Ministry of Foreign Affairs and Worship, Argentina
Joint Secretary, Ministry of Industries of Bangladesh
Ambassador, Permanent Mission of Barbados to the UN and Other International Organizations at Geneva, Barbados
First Secretary, Department of Treaties and Legal Affairs of Belarus
Head of Unit, Bilateral Trade Relations, Ministry of Foreign Trade and Economic Relations, Bosnia and Herzegovina
Secretary of Foreign Trade, Ministry of Development, Industry and Foreign Trade, Brazil
Deputy Permanent Representative, Multilateral Representation of Canada in Geneva, Canada
Head Services, Investment and Air Transport Department, General Directorate of International Economic Relations, Ministry of Foreign Affairs, Chile
Foreign Trade Expert, Ministry of Economy, Turkey
Director, Department of Treaty and Law, Ministray of Commerce, China
Director, Foreign Investment, Services and Intellectual Property, Ministry of Commerce, Industry and Tourism, Colombia
Head of Trade and Economic Agreements Dpt., Directorate for Trade Policy and Economic Multilateral Affairs, Ministry of Foreign and European Affairs, Croatia
Executive Secretary, CAITISA, National Secretariat for Planning and Development, Ecuador
Vice Chairman, General Authority for Investment, Egypt
Deputy Assistant Secretary for Trade Policy and Investment, French Treasury, Ministry of Economy and Finance, Ministry of Foreign Trade, France
Director General, Federal Ministry for Economic Affairs and Energy, Germany
Joint Secretary (Investment), Department of Economic Affairs, Ministry of Finance, India
Ambassador, Permanent Mission to the UN, WTO and Other International Organisations, Indonesia
Manager, Policy Advocacy, Kenya Investment Authority, Kenya
Ambassador and Permanent Representative, Permanent Mission of Mexico to the WTO in Geneva, Mexico
Director, Consultancy and Services Division, Invest Mongolia
Chief of Service, Ministry of Economy and Finance, Morocco
Permanent Secretary, Ministry of Trade and Industry, Windhoek, Namibia
Deputy Director General, Foreign Economic Relations, Ministry of Foreign Affairs, Netherlands
Legal Advisor, Nigerian Investment Promotion Commission, Nigeria
Investment Affairs Coordinator, National Directorate of Multilateral Affairs and International Trade Negotiations, Vice Ministry of Foreign Trade, Peru
Director of Specific State Operations, Ministry of Finance of the Slovak Republic
Director, Research and Policy Advocacy Department of Board of Investment of Sri Lanka
Ambassador and Head of Division, Special Foreign Economic Service, Foreign Economic Affairs Directorate, State Secretariat for Economic Affairs, Switzerland
Chief Director, Trade Negotiations, Department of Trade and Industry, South Africa
Director-General, Department of International Economic Affairs, Ministry of Foreign Affairs, Thailand
Director, Office of Investment Affairs, Department of State, USA
Director, Department of Industry, Ministry of Commerce, Trade and Industry (MCTI), Zambia
Expert Officer on International Energy Investments, Energy Charter Secretariat
Director, European Commission, Directorate B – Services and Investment, Intellectual Property and Public Procurement, Directorate-General for Trade, European Union
Secretary-General, International Centre for Settlement of Investment Disputes
Chief Trade Adviser, Office of the Chief Trade Adviser, Pacific Island Countries
Senior Legal Adviser, Investment Division, Organization for Economic Co-operation and Development
Director, Research and Right to Development Division, United Nations Human Rights Office of the High Commissioner
Secretary General, Stockholm Arbitration Institute of the Chamber of Commerce
Executive Director, The South Centre
Principal Legal Officer, International Trade Law, United Nations Office of Legal Affairs and Secretary of the United Nations Commission on International Trade Law
Head of Investment Law and Policy Porgram, Columbia Center for Sustainable Investment
Secretary General, CUTS International
Co-Founder and CEO, ICTSD
Group Director, Economic Law and Policy, International Institute for Sustainable Development
Legal Advisor and Senior Researcher, Third World Network
Economic Advisor & Research Officer, International Trade Union Confederation
Head of Department External Economic Policy, Bundesverband der Deutschen Industrie e.V.
Deputy Director, International Economic Affairs Confederation of Netherlands Industry and Employers VNO-NCW, in his capacity of Chair of the Investment Committee of the Business and Industry Advisory Committee to the OECD
Vice President and Head of Trade Facilitation and Market Access, Huawei Technologies
President and CEO, United States Council for International Business, United States
Vice President, United States Council for International Business