UNCTransp Mauritius Convention on Transparency (2014)
UNCTransp
Mauritius Convention on Transparency (2014)
The Parties to this Convention,
Recognizing the value of arbitration as a method of settling disputes that may arise in the context of international relations, and the extensive and wide-ranging use of arbitration for the settlement of investor-State disputes,
Also recognizing the need for provisions on transparency in the settlement of treaty-based investor-State disputes to take account of the public interest involved in such arbitrations,
Believing that the Rules on Transparency in Treaty-based Investor-State Arbitration adopted by UNCITRAL on 11 July 2013 ("UNCITRAL Rules on Transparency"), effective as of 1 April 2014, would contribute significantly to the establishment of a harmonized legal framework for a fair and efficient settlement of international investment disputes,
Noting the great number of treaties providing for the protection of investments or investors already in force, and the practical importance of promoting the application of the UNCITRAL Rules on Transparency to arbitration under those already concluded investment treaties,
Noting also article 1(2) and (9) of the UNCITRAL Rules on Transparency,
Have agreed as follows:
Imported: