A/RES/69/116
United Nations
Distr.: General
18 December 2014
General Assembly
Sixty-ninth session
Agenda item 76
Resolution adopted by the General Assembly on 10 December 2014
[on the report of the Sixth Committee (A/69/496)]
69/116. United Nations Convention on Transparency in
Treaty-based Investor-State Arbitration
The General Assembly,
Recalling its resolution 2205 (XXI) of 17 December 1966, by which it
established the United Nations Commission on International Trade Law with a
mandate to further the progressive harmonization and unification of the law of
international trade in the interests of all peoples, in particular those of developing
countries, in the extensive development of international trade,
Recalling also its resolution 68/109 of 16 December 2013, in which it
recommended the use of the United Nations Commission on International Trade Law
Rules on Transparency in Treaty-based Investor-State Arbitration 1 and Arbitration
Rules (as revised in 2010, with new article 1, paragraph 4, as adopted in 2013),2
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 contribute significantly to the
establishment of a harmonized legal framework for a fair and efficient settlement of
international investment disputes, increase transparency and accountability and
promote good governance,
Recalling that, at its forty-sixth session, in 2013, the Commission recommended
that the Rules on Transparency be applied through appropriate mechanisms to
investor-State arbitration initiated pursuant to investment treaties concluded before
the coming into effect of the Rules on Transparency, to the extent that such
application is consistent with those investment treaties, and that the Commission
decided to prepare a convention that was intended to give those States that wished to
make the Rules on Transparency applicable to their existing investment treaties
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1
Official Records of the General Assembly, Sixty-eighth Session, Supplement No. 17 (A/68/17), chap. III
and annex I.
2
Ibid., chap. III and annex II.
14-66937 (E)
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