International Economic Law and Policy Blog (Page 224)

International Economic Law and Policy Blog

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Modelling the Benefits of Trade Agreements

I'm as skeptical about estimates of gains/losses from trade agreements as I am about trade polling. How many jobs will be added/lost? How much will GDP rise/fall? I'm not sure there are any good answers out there, although I think economists should keep

Trade Polling

Generally speaking, I don't think much of the polling done on trade issues. The questions are too vaguely worded to tell us much. So, I'm never sure what to make of news reports like this one: Most Americans say they support new trade deals, according to

More Plain Packaging

This time from Norway: Norway’s Ministry of Health and Care Services has proposed the imposition of a requirement for all tobacco products to be sold in standardized packaging, according to a World Trade Organization notification. It has not been decided when the measure should be adopted or when it

Financial University Organizes Conference on Russia and the WTO

On 19-20 May 2015, the Financial University of the Russian Federation held its first international conference on the topic of "WTO Law in the Legal System of the Russian Federation: Problems of Application and Teaching." To my knowledge, this was the first international legal conference held to

TPA is Half Done

The Senate half is done. From Reuters: President Barack Obama scored a major victory on Friday when the U.S. Senate voted to give him "fast-track" powers that would help wrap up negotiations on a 12-nation Pacific Rim trade deal central to projecting American influence in

Plain Packaging Litigation is Everywhere

Now it's in the UK and EU: Two of the world's biggest tobacco companies have challenged the legality of the UK government's plain packaging regulations. British American Tobacco and Philip Morris filed legal objections at the High Court in London on Friday. They claim

Long Liberalization Periods

This is from "The Puzzle of Agricultural Exceptionalism in International Trade Policy", by Michael Trebilcock and Kristen Pue: ... Hence, in explaining the resilience of the agricultural sector to efforts to liberalize trade in agricultural products we are left with a rather untidy amalgam of some elements of normative

Norway's Draft Model BIT

Norway has just published a new draft model BIT. It offers some explanations here. Here are some of my thoughts on a few of the provisions. First up, national treatment: ARTICLE [3] NATIONAL TREATMENT 1. Each Party shall accord to investors of the other Party and to their investments, treatment

Madrid Arbitration Day on WTO/ISDS

If you are in or near Madrid, there is an interesting seminar on the WTO and investment arbitration, this Friday, May 22. Details here and here: Policy development challenges with WTO dispute settlement and international arbitration: why is the interface between trade and investment relevant from a political, economic and

The COOL Article 21.5 AB Report

It is here. No big changes from the panel report: still a violation of TBT Article 2.1, and still no violation of TBT Article 2.2. Next up on the agenda, most likely, is an arbitration over the proper amount of retaliation. I'm trying to sort out