From February 17 to 19, 2025, appointed by China Society of Private International Law(CSPIL), a council member of CSPIL and equity partner of Beijing Zhongyin(Shenzhen) Law Firm, Tan Yueqi(Vincent), as one of the observers, participates in the 51st Session of Working Group III of the United Nations Commission on International Trade Law (“UNCITRAL”) to discuss issues related to the reform of the investor-state dispute settlement.

At its fiftieth session in 2017, the Commission entrusted Working Group III with a broad mandate to work on the possible reform of investor-State dispute settlement (ISDS). From its thirty-fourth to thirty-seventh session, the Working Group identified and discussed concerns regarding ISDS and considered that reform was desirable in light of the identified concerns. From its thirty-eighth to forty-eighth session, the Working Group considered concrete solutions for ISDS reform. At its fifty-seventh session in 2024, the Commission adopted the Statute of the Advisory Centre on International Investment Dispute Resolution in principle and further acknowledged that the operationalization of the Advisory Centre would require further preparatory work.

During the first part of the session, the summary of the operationalization of the Advisory Centre on International Investment Dispute Resolution is presented for discussion and exchange of views. The Working Group also continues its deliberations on the multilateral instrument on ISDS reform.

The 51st session of the Working Group III is held in two parts and the second part of which will continue from 7 to 11 April 2025 at United Nations Headquarters in New York.

Tan Yueqi(Vincent) meets and exchanges views with fellow lawyers from Clifford Chance, Freshfields, and Zuber Lawler in New York. Zhongyin Law Firm has always been committed to promoting international exchanges and cooperation in the legal profession. In recent years, Zhongyin Law Firm has continued to enhance its influence in the international legal service field through in-depth cooperation with renowned international law firms and organizations.