Sweden is among the first eight countries to sign the Mauritius Convention on Transparency in Investor-State Arbitration when it opened for signature on 17 March 2015 in Port Louis, Mauritius. The Convention represents a significant multilateral reform on ISDS.
The Convention creates a level of transparency that is unprecedented in international arbitration as we have written in our previous blog post. Not only most documents in an ISDS proceeding as well as the hearings will be made public, the public will also have the opportunity to participate by writing submission to the tribunal. ISDS will therefore be more transparent than most domestic courts in Europe.
Other countries that also signed the convention at the signing ceremony are Canada, Finland, France, Germany, Mauritius, the United Kingdom and the United States.