Syria signs “UN Convention on Transparency in Treaty-based Investor-State Arbitration”

New York, SANA-Syria signed on Tuesday “the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration” at the UN General Secretariat HQ in New York.

The convention was signed by Syria’s permanent envoy to the UN Bashar al-Jaafari on behalf of the government of the Syrian Arab Republic.

The agreement stipulates boosting transparency in settling disputes between investors and countries in order to take into consideration the general interest while running the relevant arbitration process.

The UN General Assembly adopted this convention on December 10th, 2014. Syria is the 9th countries which join the convention.

Mazen Eyon

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