Introduction
This publish addresses points being thought-about within the UNCITRAL Working Group III course of in relation to the design of a multilateral instrument on investor–State dispute settlement (ISDS) reform (hereinafter an ‘MIIR’). An MIIR is envisioned because the authorized mechanism for making use of the varied reform choices being developed by UNCITRAL Working Group III to the in depth community of current funding treaties. A primary draft of an MIIR was printed by the UNCITRAL secretariat in July 2024 (A/CN.9/WG.III/WP.246) and this was mentioned by Working Group III within the first a part of its Fifty-First session in February 2025 (A/CN.9/1196 paras 31–94) and in its Forty-Ninth session in September 2024 (A/CN.9/1194 paras 105–121). Forward of the Working Group’s February 2025 session, some members additionally made written submissions on the subject of an MIIR, together with the European Union (EU) and america.
