Since 1973, the sovereign islands of the Caribbean Sea, have concluded over 140 international investment agreements. The ICSID Convention is in force in all islands except Antigua & Barbuda, Cuba, Dominica, and the Dominican Republic.
The COVID-19 pandemic has led States to adopt various public health measures that adversely affect foreign investors and exacerbate broader economic issues. In this climate, there is significant potential for disputes under the ECT.
El 13 de mayo de 2020, la Secretaría del CIADI registró la presentación del arbitraje de la holandesa SMM Cerro Verde BV contra Perú invocando el Tratado Bilateral de Inversiones Países Bajos-Perú (1994).