CRCICA Director was one of the experts participating in the Training Course for Economies in Transition on: “New Generation of International Investment Policies” held from 1 to 4 October 2013 in Sarajevo, Bosnia and Herzegovina. The Training Course was organized by the UNCTAD in partnership with the Ministry of Foreign Trade and Economic Relations of Bosnia and Herzegovina, the Islamic Development Bank and the University of Kiel, Germany. In line with UNCTAD’s Investment Policy Framework for Sustainable Development (IPFSD), the Course helped policy makers and negotiators to deepen their understanding of key issue in International Investment Agreements (IIAs) and Investor-State Dispute Settlement (ISDS) and offered concrete options for the design of IIAs that effectively promote sustainable development and inclusive growth.
The Training Course brought together 31 government officials from 18 countries in charge of investment promotion and protection issues. CRCICA Director made a presentation addressing “Dispute prevention policies and Alternative Dispute Resolution” in which he tackled the following issues:
- Advantages of international investor- State Arbitration
- Shortcomings of the system and Available remedial policies
- Limiting States’ exposure to ISDS
- Dispute Prevention (Role of host states and foreign investors)
- Promotion of ADR and IBA Rules for Investor-State Mediation
- Dispute Management
According to the UNCTAD, the feedback received from the host State as well as participating countries indicated that the Course was a great success, effectively empowering policy makers to work towards a new generation of international investment policies and laying down the basis for creating “real impact” on the ground.