Acuerdo para la Suspensión Coordinada de la Solución de Controversias entre Inversionistas y Estados con respecto a las Medidas y Controversias asociadas al COVID-19

The International Institute for Sustainable Development (IISD) proposes a legal framework to protect states from ISDS claims arising from emergency COVID-19 measures. The proposal suggests a coordinated suspension of ISDS provisions for any state action taken after December 1, 2019, to manage public health and national economies. It offers both a multilateral approach for broad coverage and a bilateral approach for faster implementation, emphasizing that the determination of whether a measure is COVID-related should remain at the discretion of the host state to prevent tribunal interference.

• The proposed agreement aims to suspend the operation of ISDS provisions in all investment treaties concluded between signatories regarding conflicts over COVID-19 measures, utilizing the authority to suspend treaties codified in Articles 57 and 58 of the Vienna Convention on the Law of Treaties.
• COVID-19 associated measures are defined as state actions adopted after December 1, 2019—the date the first case was identified in Wuhan, China—to protect public health and manage national economies. The proposal specifies that the host state's good-faith declaration that a measure is COVID-related is determinative, meaning a tribunal would lack the authority to decide on that relationship.
• The document suggests two implementation paths: a multilateral agreement, which can apply to hundreds of treaties but may take longer to negotiate, and a bilateral approach, which is described as 'más rápida y fácil de implementar'. Bilateral agreements could also be negotiated between country blocks, such as the European Union and another regional group.

APA

International Institute for Sustainable Development (2020). Acuerdo para la Suspensión Coordinada de la Solución de Controversias entre Inversionistas y Estados con respecto a las Medidas y Controversias asociadas al COVID-19. https://www.iisd.org/system/files/2021-02/suspension-isds-covid-19-es.pdf

Chicago

International Institute for Sustainable Development. Acuerdo para la Suspensión Coordinada de la Solución de Controversias entre Inversionistas y Estados con respecto a las Medidas y Controversias asociadas al COVID-19. 2020. https://www.iisd.org/system/files/2021-02/suspension-isds-covid-19-es.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=Acuerdo para la Suspensión Coordinada de la Solución de Controversias entre Inversionistas y Estados con respecto a las Medidas y Controversias asociadas al COVID-19 |date=18 June 2020 |url=https://www.iisd.org/system/files/2021-02/suspension-isds-covid-19-es.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopment2020acuerdo, author = {{International Institute for Sustainable Development}}, title = {{Acuerdo para la Suspensión Coordinada de la Solución de Controversias entre Inversionistas y Estados con respecto a las Medidas y Controversias asociadas al COVID-19}}, institution = {International Institute for Sustainable Development}, year = {2020}, month = jun, url = {https://www.iisd.org/system/files/2021-02/suspension-isds-covid-19-es.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }