Report on NAFTA Chapter 11 Multi-stakeholder Consultations: 28 May 2003, Montreal, Canada
Article from: OGEL 4 (2003), in Roundup of Articles
Summary
Almost a decade ago, Canada, Mexico and the United States signed the North American Free Trade Agreement (NAFTA), which includes, among other elements, provisions for the protection of investment through substantive obligations for Parties and recourse for NAFTA investors to an impartial dispute settlement mechanism. These rules are contained in Chapter 11 of the NAFTA. Since the entry into force of the agreement in 1994, final awards have been rendered in nine investor-state arbitrations under the auspices of Chapter 11.[1] As NAFTA will begin its second decade next year, various ...