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State Owned Enterprises at Home and Abroad

One aspect of the TPP negotiations that I have not followed closely is rules for state owned enterprises.  I'll take a look at it all eventually, but I've been waiting for more leaks and commentary, to explain the different views. In the meantime, though, I wonder
Simon Lester 21 Jul 2014 1 min read

Too Close Yet Too Far…

Well, I am not talking about two lovers, but the currently pending negotiation on the “Transatlantic Trade and Investment Partnership (TTIP).”  The United States and the European Union, representing the world’s most advanced (and perhaps most open) economies, still cannot get a trade deal done between themselves.  As we
Sungjoon Cho 18 Jul 2014 1 min read

The Scope of the Prudential Exception

We talked about the "prudential exception" here, here, and here.  I have a short law journal article coming out on this soon, where I basically argue that the exception is badly worded, nevertheless probably works as an exception, but could and should be redrafted in future trade agreements
Simon Lester 18 Jul 2014 4 min read

Investor-State Arbitration Tribunal v. Domestic Court

This is related to Simon’s earlier post. Matthew Dalton from Wall Street Journal raised an interesting hypothesis regarding the controversial investor-state dispute settlement mechanism under the Transatlantic Trade and Investment Partnership (TTIP).  What if decisions of an investment tribunal and a domestic court on the same subject-matter diverge or
Sungjoon Cho 16 Jul 2014 1 min read

Is There a Middle Ground on ISDS?

From the European Commission: EU trade officials will today start analysing responses to a public consultation on investment protection and ISDS in TTIP, a new EU-US trade deal currently being negotiated. The survey closed yesterday, almost four months after its launch in March. European citizens and interest groups replied in
Simon Lester 16 Jul 2014 1 min read

Non-Discrimination on German Roads

I'm always on the lookout for good controversies on discrimination outside the WTO context, just to see how others do it.  From the Economist, here's a potential case: BAVARIANS have long been cranky about having to pay road tolls every time they drive through Austria, say,
Simon Lester 15 Jul 2014 2 min read

Five Volumes on the WTO

Edited by Debra Steger, former Director of the Appellate Body Secretariat and now a law professor: With a membership of 160 countries, the World Trade Organization (WTO) is the international organization with responsibility for the global rules of trade between nations. Its stated principal function is to ensure that trade
Simon Lester 15 Jul 2014 1 min read

Can Patent Invalidation Constitute Expropriation?

That's one of the issues in an ongoing NAFTA Chapter 11 case.  Pharmaceutical maker Eli Lilly is making an Article 1110 expropration claim related to the invalidation of certain of its patents in Canadian courts (it also makes an Article 1105 minimum standard of treatment claim).  More background
Simon Lester 14 Jul 2014 4 min read

Outsourcing Investment Treaty Interpretation from the WTO Jurisprudence

Our co-blogger Bryan Mercurio published an excellent policy brief at the World Health Organization (WHO) Bulletin. (“International investment agreements and public health: neutralizing a threat through treaty drafting”) This is his conclusion: “International investment agreements need not pose a threat to legitimate health measures. The addition of limitation clauses such
Sungjoon Cho 10 Jul 2014 1 min read

What about FET and Indirect Expropriation?

Last week, Andrew posted about the possibility of an exception to investment obligations, as part of the TTIP.  I'm interested to see where exceptions of this sort can take us in terms of preserving policy space, but I think we should also consider the obligations themselves as part
Simon Lester 09 Jul 2014 2 min read

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International Economic Law and Policy Blog

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Comparing the Forced Labor Provisions in the New U.S. Trade Deals

Continuing my multi-part blog posting series on comparing provisions in the Trump administration trade agreements, let's look now at the provisions that try to induce U.S. trading partners to take action against imports made with forced labor.
20 Feb 2026 4 min read

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 4 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

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