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Chinese Medicines in the China-Australia FTA

I came across one of the more interesting yet small details swirling around international trade today when I read a story (here) by the online news part of the ABC (that is the Australian Broadcasting Corporation - not the other ABC) that: "Chinese medicine was the subject of a
Colin Picker 23 Jun 2015 1 min read

(De)politicizing Investment Disputes

Remember the Yukos investment arbitration award?  Here is Reuters from last year discussing the award: An international arbitration court ruled on Monday that Russia must pay $50 billion for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fell foul of the Kremlin. Now here is
Simon Lester 19 Jun 2015 1 min read

Banning Trans Fat (And Trade Therein)

From the NY Times earlier this week: The Food and Drug Administration on Tuesday gave the food industry three years to eliminate artery-clogging artificial trans fats from the food supply, a long-awaited step that capped years of effort by consumer groups and is expected to save thousands of lives a
Simon Lester 19 Jun 2015 1 min read

Diversity in International Arbitration

From Transnational Dispute Management: ArbitralWomen, Transnational Dispute Management and Ashurst would be delighted if you would join us for the launch of "Dealing with Diversity in International Arbitration" followed by a drinks reception. This Special Issue will analyse discrimination and diversity in international arbitration. It will examine new
Simon Lester 19 Jun 2015 1 min read

Banning Cloned Animals and Their Meat/Milk in the EU

The Committee on the Environment, Public Health and Food Safety and the Committee on Agriculture and Rural Development of the European Parliament proposed to ban the sale and import of cloned animals and their products (meat and milk).  In 2013, the European Commission advanced a similar proposal. Some languages of
Sungjoon Cho 18 Jun 2015 1 min read

ISDS Innovations in the ChAFTA

The full text of the China - Australia FTA is out.  The investment chapter is here.  It is really interesting what they have done.  They include the usual national treatment and MFN provisions, but then that's about it for obligations, at least for now.  For everything else, there
Simon Lester 17 Jun 2015 1 min read

Hillary Clinton on ISDS

Hillary Clinton was talking trade in New Hampshire today, in response to questions from reporters.  I don't see the full video or transcript anywhere on the internet yet (I suspect it will be up there soon), but Ted Alden of CFR sent me something he had (this is
Simon Lester 15 Jun 2015 3 min read

Closed vs. Open Worldviews in the U.S. Trade Debate

This is from The Economist: A FEW years ago a wise pollster—pondering how labels like left-wing and right-wing have been scrambled by globalisation—came up with a different way to sort voters in Western democracies. Electorates, he suggested, broadly divide into two groups, one of which sees change and
Simon Lester 14 Jun 2015 3 min read

What the Heck Happened with TPA Today?

This is from my Cato colleague Bill Watson: A very unexpected outcome during a series of votes on trade policy in the House of Representatives has managed to confuse pretty much everyone today. The most important and controversial bill in the package was Trade Promotion Authority, which narrowly passed the
Simon Lester 12 Jun 2015 1 min read

Overstating the Potential of Trade Agreements

This is from the White House Blog: As Ambassadors, we are on the front lines representing the United States. We know firsthand that U.S. interests are best served when we pursue policies that also advance our values. That’s why trade policy is among our most promising tools. Done
Simon Lester 10 Jun 2015 1 min read

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International Economic Law and Policy Blog

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AOC on Foreign Policy and Trade Policy

AOC spoke on a couple panels last week at the Munich Security Conference and also spoke at the Technische Universität Berlin, and this European trip was widely seen as a move to establish some foreign policy credentials for a presidential run.
17 Feb 2026 12 min read

Comparing the Enforcement Provisions in the New U.S. Trade Deals

Building on the comparison of trade agreement provisions in my last post, let's take a look at the "enforcement" provisions of the six agreements for which the legal texts have been published.
11 Feb 2026 3 min read

Comparing the Economic and National Security Provisions in the New U.S. Trade Deals

By my count, we now have the legal texts of five Trump administration trade agreements. Will there be enforcement actions under these agreements?
09 Feb 2026 5 min read

Jamieson Greer on the 30 Year Aberration in U.S. Trade Policy

When he was in Davos last week for the World Economic Forum, U.S. Trade Rep. Jamieson Greer talked a bit about U.S. trade policy history and described a recent period during which, in his view, U.S. trade policy shifted away from tariffs/protectionism and towards free trade.
29 Jan 2026 6 min read

Is this the end of MFN as we know it? The EU submission on WTO reform and the meaning of development

With the release of the EU submission on WTO reform, it has become clear that the MFN principle’s central role within the WTO architecture is under challenge. As a keystone, it risks the entire bridge falling. Even if the foundations are retained but deemed outdated or unusable, and a
23 Jan 2026 3 min read

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