Carlos Vejar is senior counsel in our
Mexico City office.
Leer en Español: Consecuencias para México Tras Suscribir el
Convenio del CIADI
For more than two decades, Mexico has promoted policies to
encourage the entry and participation of foreign investment in the
country's economic activities1. However, despite
being one of the 10 most active countries in investment
disputes2, Mexico continues to be part of a small block
of countries that are not part of the International Centre for
Settlement of Investment Disputes (ICSID) Convention3,
which currently has 153 countries as members.
However, today in Washington, D.C., Mexico's Secretary of
Economy, Ildefonso Guajardo, will take the first step to change
this situation, by signing Mexico's accession to the ICSID
Convention. The decision would still be pending the approval of the
Mexican Senate to define the effective date of entry into the
Convention, which is expected to be 30 calendar days after the date
of
