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International Econ Law & Policy Blog

International Economic Law and Policy Blog

“A weblog dedicated to current developments and scholarship in the field of international economic law and policy.”

February 4, 2016, 3:43 pm, 1605401

From the Australian Broadcasting Corporation:

The claim

The Trans-Pacific Partnership trade and investment agreement was formally signed by 12 ministers in Auckland on February 4.

Independent Senator Nick Xenophon spoke in the Senate about the agreement.

"It has been put to me that, if a government introduced poker machine legislation to protect ...

February 4, 2016, 9:43 am, 1605283

Some cold water from Senator Orrin Hatch:

Long story short, Mr. President, no one should be under any illusions that, because the TPP is being signed today, an up or down vote on the agreement is imminent or that our oversight responsibilities are at an end.

If history has taught us ...

February 1, 2016, 5:43 pm, 1604262

My colleague Sean Stephenson, in his personal capacity, had some thoughts on the presumption that Canada's Minister of International Trade must attend in New Zealand and sign the TPP in order for Canada to retain full membership.

Enjoy his views.


In the lead up to a signing ceremony on February 4th in ...

February 1, 2016, 11:43 am, 1604117

This is from a Peterson Institute working paper, by Peter Petri and Michael Plummer, that estimates the economic effects of the TPP:

The bottom half of the table shows NTBs, represented as tariffs that would have had the same protective effect (tariff equivalents). NTBs include quotas in agriculture and energy, ...

February 1, 2016, 9:43 am, 1604075

A few weeks ago, I noted that the EU - Viet Nam FTA would include the EU's proposed new Investment Court System (ICS). The text of that FTAhas justbeen released, so now everyone can see what the big deal is. The ICS part is in Chapter 8, Section ...

January 31, 2016, 9:43 am, 1603847

On Friday, ICTSD hosted an excellent discussion of the US - Tuna II WTO Appellate Body report, with Lorand Bartels, Joel Trachtman, Iain Sandford, David Agnew, and Matthew Owens as speakers.You can view the recording here.

Via twitter, I asked the following questions: "The AB focused its findings of ...

January 28, 2016, 9:43 am, 1602934

From a speech by EU trade commissionerCecilia Malmstrom:

I'd like to talk about three benefits in particular but the theme of today's event is the precautionary principle, so let me say a few words about that first.


As a starting point, it's good that you raise this issue because I think ...

January 27, 2016, 9:43 am, 1602510

From Politico:

“I pushed very, very, very aggressively for that tobacco provision to be part of this,” Wyden told POLITICO about the carveout that protects tobacco control-related policies from being challenged in investor-state cases. “I have watched the tobacco companies over the years particularly focus on global markets where they ...

January 27, 2016, 9:43 am, 1602509

From the WTO:

The DSB agreed with the Chairman’s proposal for appointment/reappointment of Appellate Body members. In particular, it agreed to launch a selection process for one position in the Appellate Body to replace Ms Yuejiao Zhang, whose second four-year term of office will expire on 31 ...

January 26, 2016, 9:43 am, 1602095

I have noticed for a long time that, in the CVD context of determination of injury, the US national legislation is at odds with the mirror WTO provision.

In the US, Section 771(7)(C)(i) of the Act provides that the “Commission shall consider whether the volume of imports of the merchandise, or ...