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ARTICLE · 13 APRIL 2007

Canada Signs International Investment Dispute Resolution Convention

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The federal, provincial and territorial governments of Canada are taking steps to embrace the Convention on the Settlement of Investment Disputes between States and Nationals of other States (the "ICSID Convention"), an innovative mechanism for resolving international "investor-state" disputes between investors and the foreign states in which they invest.

CanadaLitigation, Mediation & Arbitration
Angus Gunn
Angus Gunn
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The federal, provincial and territorial governments of Canada are taking steps to embrace the Convention on the Settlement of Investment Disputes between States and Nationals of other States (the "ICSID Convention"), an innovative mechanism for resolving international "investor-state" disputes between investors and the foreign states in which they invest.

Unique challenges arise in the resolution of international investor-state disputes. Chief among them is finding an effective mechanism for resolving the disputes. Should investors rely on diplomatic channels, despite the delay and uncertainty they entail? Should investors sue in the local courts of the host state, despite fears of discriminatory adjudication on foreign soil?

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