BARBADOS-Barbados joins MPIA.

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Barbados Attorney General Dale Marshall addresses the House of Assembly announcing that Barbados has formally joined the Multilateral Investment and Arbitration Court Initiative becoming the 39th country to ratify the agreement to reform international investment dispute resolution
Barbados joins the Multilateral Investment and Arbitration Court Initiative (MPIA), becoming the 39th country to ratify the agreement aimed at reforming the international investment dispute resolution system.

BRUSSELS, CMC – Barbados has become the 60th member of the World Trade Organization (WTO) to join the Multi-Party Interim Appeal Arbitration Arrangement (MPIA).

The MPIA is a voluntary, alternative, and temporary mechanism designed to resolve WTO trade disputes among participating members, given the issues within the appellate body in the Dispute Settlement system.

“I am pleased to inform you that Barbados will become a party to the MPIA. This sends a signal that small vulnerable economies like Barbados care about the multilateral trading system and want to invest in it,” said Matthew Wilson, Barbados’ Ambassador and Permanent Representative to the United Nations, WTO, and other International Organizations in Geneva.

Senior Minister and Minister of Foreign Affairs and Foreign Trade, Christopher Sinckler, will lead Barbados’ delegation to the 14th Ministerial Conference in Yaounde, Cameroon, later this month.

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