A/RES/68/109. Resolution of the United Nations General Assembly, 2013

• Resolution Number: A/RES/68/109
• Year: 2013
• Session: 68th
• Issuer: General Assembly of the United Nation

United Nations

A

/RES/68/109

General Assembly

Distr.: General

18 December 2013

Sixty-eighth session

Agenda item 79

13-44599

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Resolution adopted by the General Assembly on 16 December 2013

[on the report of the Sixth Committee (A/68/462)]

68/109. United Nations Commission on International Trade Law

Rules on Transparency in Treaty-based Investor-State

Arbitration and Arbitration Rules (as revised in 2010,

with new article 1, paragraph 4, as adopted in 2013)

The Genera l Assem bly

,

Reca lling

its resolu tion 2205 (XXI) of 17 Decemb er 1966, by whic h it

esta blished the U nited Nat ions C ommiss ion on Intern ationa l Trade Law with a

mand ate to furthe r the p rogres sive ha rmoniz ation a nd unif ication of the law o f

inte rnation al tra de an d in that r espect to b ear i n mind the intere sts o f all people s, in

part icular thos e of d evelop ing co untrie s, in t he ext ensive dev elopme nt of

inte rnation al trad e,

Reco gnizing

t he va lue o f arb itratio n as a m ethod of settlin g dis putes that may

aris e in the context of intern ational rela tions and the w ide u se of arbit ration for the

sett lement of trea ty-bas ed inve stor-Sta te disp utes,

Reca lling

it s resol utions 31/98 of 15 Decemb er 19 76 and 65/22 of 6 Dec ember

2010 , in wh ich it r ecomm ended t he use o f the A rbitrat ion Rul es of t he Unit ed

Nati ons Co mmissi on on I nternat ional Tr ade La w,

1

Bea ring in m ind

t hat the A rbitrat ion Rules are widel y use d fo r the set tlement

of t reaty-b ased in vestor- State d isputes ,

Reco gnizing

t he ne ed fo r pro visions on transp arency in the s ettleme nt o f suc h

trea ty-base d inve stor-Sta te disp utes to take account of th e publi c inter est in volved in

such arbitr ations,

Believing

that rules on tr anspare ncy in treaty -based in vestor-S tate arbitr ation

woul d cont ribute signifi cantly to the establ ishment of a harmoni zed le gal fra mework

for a fa ir and effi cient s ettleme nt of inte rnation al inv estment dispu tes, in crease

tran sparen cy and accoun tabilit y and p romote good g overna nce,

_______________

1

Official Records of the General Assembly, Thirty-first Session, Supplement No. 17 (A/31/17), chap. V,

sect. C; and ibid., Sixty-fifth Session, Supplement No. 17 (A/65/17), chap. III and annex I.