WEBINAR | 14 April 2021 | 7:00 - 8.45 PM CEST | 1:00 - 2:45 PM EST
A Rule of Law Based Approach to Sustainable Economic Recovery for Least Developed Countries: The contribution of ISP/LDCs as a dedicated public-private partnership for investment capacity development in the least developed countries
The impact of the global crisis triggered by COVID-19 is being felt most severely by LDCs and by the most vulnerable people within them. It is becoming critical to develop new solutions to unlock LDCs’ capacity to create an enabling environment to attract FDI and access the resource flows required to finance their recovery efforts. Against the assessment by the LDCs of the path to their socio-economic recovery in preparation for the 2022 DOHA Conference, this Side Event will review the initial experience in implementing IDLO’s Investment Support Programme for the Least Developed Countries (ISP/LDCs)—a dedicated public-private partnership geared to supporting LDCs in managing and sustaining FDI. Discussions will focus on the distinctive features of the Programme and their contribution to innovation and enhanced impact in the international effort to support LDCs’ capacity development and help level the playing field in investment negotiations and the settlement of commercial disputes.
The Side Event focuses on IDLO’s Investment Support Programme for Least Developed Countries (ISP/LDCs) as a public-private partnership that seeks to make distinctive contribution to the international efforts to help accelerate LDCs’ recovery from COVID-19 and to advance their sustainable development goals.
ISP/LDCs provides, at no cost to beneficiaries, legal and technical advice and assistance, as well as complementary capacity-building, to both governments and eligible private sector entities in LDCs on investment-related matters, including investment negotiations and dispute settlements. Such assistance is provided by harnessing the services of lawyers and experts who provide support to the beneficiaries on a “pro bono” or reduced fee basis.
ISP/LDCs was jointly designed by the UN Office of the High Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States and IDLO, with support from the Government of Italy. It became fully operational in 2019, thanks to funding from the European Union and a contribution from the Kuwait Fund for Arab Economic Development. Since then, the Programme has delivered investment-related technical support to a wide range of countries. This included the provision of strategic assistance to the Government of The Gambia in an investor-state arbitration with a foreign investor, which facilitated the achievement of an out-of-court settlement. The Programme moreover provides support in Malawi, Liberia and Ethiopia, with new entry-points for assistance being discussed in Uganda, Mozambique and LDCs in the Pacific Region.
- Message from H.E. Ambassador Munir Akram, President of the Economic and Social Council (ECOSOC)
- Ms. Jan Beagle, Director-General, IDLO
- Ms. Fekitamoeloa Katoa ‘Utoikamanu, Under-Secretary-General and High Representative for Least Developed Countries, Landlocked Developing Countries, and Small Island Developing States (UN-OHRLLS)
- H.E. Ambassador Perks Master Clemency Ligoya, Permanent Representative, Permanent Mission of the Republic of Malawi to the UN and Chair of the LDCs Group
- Mr. Lorenzo Morini, Head of the Sustainable Development Division, Permanent Mission of Italy to the United Nations
Speakers will include
- H.E. Ambassador Adonia Ayebare, Permanent Representative of Uganda to the United Nations
- H.E. Ambassador Kennedy Gastorn, Permanent Representative of Tanzania to the United Nations, and Secretary General of the Asian-African Legal Consultative Organization (AALCO)
- Ms. Cécile Billaux, Head of Unit DG INTPA E2 (Micro-economic Analysis, Investment Climate, Private Sector, Trade and Employment)
- Prof. Avv. Maria Beatrice Deli, Secretary General of the Italian Association for Arbitration (AIA-Associazione ltaliana per I’Arbitrato) and Secretary General of the International Chamber of Commerce (Italy)
- Dr. Howard Mann, International Investment Law and Arbitration Expert, former Senior International Law Advisor for the International Institute for Sustainable Development, Canada
- Dr. Kabir Duggal, Senior International Arbitration Advisor, Arnold & Porter
An interactive dialogue will follow the remarks and panel discussion.
Wednesday, 14 April 2021 | 7:00 - 8.45 PM CEST | 1:00 - 2:45 PM EST