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United Nations Convention On Transparency In Treaty-based Investor-State Arbitration
The United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (also known as the Mauritius Convention on Transparency) is a multilateral treaty that was concluded in 2014 and entered into force in 2017. As of September 2018, it has been ratified by five states: Cameroon, Canada, Gambia, Mauritius, and Switzerland. The treaty was adopted on 10 December 2014 by United Nations General Assembly The United Nations General Assembly (UNGA or GA; , AGNU or AG) is one of the six principal organs of the United Nations (UN), serving as its main deliberative, policymaking, and representative organ. Currently in its Seventy-ninth session of th ... resolution 69/116 during the sixty-ninth session of the General Assembly. It has been signed by 22 states. It entered into force on 18 October 2017 after it had been ratified by its third state. External linksUNCITRAL information page [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multilateral Treaty
A multilateral treaty or multilateral agreement is a treaty to which two or more sovereign states are parties. Each party owes the same obligations to all other parties, except to the extent that they have stated reservation (law), reservations. Examples of multilateral treaties include the Convention Relating to the Status of Refugees, the United Nations Convention on the Law of the Sea, the Geneva Conventions, and the Rome Statute of the International Criminal Court. Relationship to bilateral treaties A bilateral treaty is a treaty between two states. A bilateral treaty may become a multilateral treaty when additional new parties succession of states, succeed or Ratification, accede to it. Pope Francis argues in his encyclical letter ''Fratelli tutti'' (2020) that "preference should be given to multilateral agreements between states, because, more than bilateral agreements, they guarantee the promotion of a truly universal common good and the protection of weaker states. Plurilat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arbitration Treaties
Arbitration is a formal method of dispute resolution involving a third party neutral who makes a binding decision. The third party neutral (the 'arbitrator', 'arbiter' or 'arbitral tribunal') renders the decision in the form of an 'arbitration award'. An arbitration award is legally binding on both sides and enforceable in local courts, unless all parties stipulate that the arbitration process and decision are non-binding. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries, such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include a waiver of the right to bring a class action claim. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial arbitration. There ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
