I have earlier blogged about the ACWL - the advisory centre that assists developing and least developed countries in navigatig the complex world of WTO law - both advice as well as dispute settlement.
Similar calls for an advisory centre for investment dispute settlement have been on the cards and in the works. I have blogged about it here.
Now, a recent piece in CCSI on where that centre should be located caught my attention. Not in the cool environs of Geneva (ACWL deals with WTO so a natural choice), but elsewhere since ISDS cases can be anywhere. So the authors propose the headquarters as Bangkok and Paris as a regional centre.
I have often wondered on how setting up international organisations in local economies can spur economic activity - more secretarial jobs, indirect employment, the country gets a flavour of the working of the international organization, the country is more invested in international rule making and the local population too gets to know a litttle bit about international affairs!
Any more takers for the investment dispute advisory centre?
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