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An Investment Exception in the Australia - Korea FTA

This is from Article 22.1 (general exceptions) of the just released Australia-Korea FTA: 3. For the purposes of Chapter 11 (Investment), subject to the requirement that such measures are not applied in a manner which would constitute arbitrary or unjustifiable discrimination between investments or between investors, or a disguised
Simon Lester 17 Feb 2014 2 min read

WTO Panel/AB Rulings as RTA Precedent

From the Australia-Korea FTA: ARTICLE 20.5: RULES OF INTERPRETATION ... Where an obligation under this Agreement is identical or substantially identical to an obligation under the WTO Agreement, the panel shall adopt an interpretation which is consistent with any relevant interpretation established in rulings of the DSB. ... So what happens
Simon Lester 17 Feb 2014 1 min read

Register Now for the Appellate Hearing in Seal Products

From the WTO: Following a request from the participants in the disputes European Communities — Measures Prohibiting the Importation and Marketing of Seal Products (EC — Seal Products)(WT/DS400 / WT/DS401), the Appellate Body in these appellate proceedings has decided to open the oral hearing to public observation by delegates of
Simon Lester 16 Feb 2014 1 min read

Spying on Trade Lawyers

From the NY Times: A top-secret document, obtained by the former N.S.A. contractor Edward J. Snowden, shows that an American law firm was monitored while representing a foreign government in trade disputes with the United States. ... The government of Indonesia had retained the law firm for help in
Simon Lester 16 Feb 2014 1 min read

The Precautionary Principle vs. Cost-Benefit Analysis

Should the U.S. adopt the precautionary principle?  Should the EU rely more on cost-benefit analysis? Or maybe this is a better question: Does U.S. and EU regulation rely on anything that could reasonably be called cost-benefit analysis or the precautionary principle? These are questions that come to mind
Simon Lester 11 Feb 2014 1 min read

An Equal Protection Clause for Investment?

This is from the draft CETA investment chapter I mentioned yesterday: 2. A Party breaches the obligation of fair and equitable treatment referenced in paragraph 1 where a measure or series of measures constitutes: ... d. Targeted discrimination on manifestly wrongful grounds, such as gender, race or religious belief; This provision
Simon Lester 06 Feb 2014 1 min read

A Draft CETA Investment Text

... is here: http://www.tradejustice.ca/wp-content/uploads/2013/08/CETA-Draft-Investment-Text-Nov21-2013-203b-13.pdf It's fascinating, in a lot of different ways.  Read it and enjoy, if you like this sort of thing.  I'll mention some personal highlights based on a quick skim: -- it doesn't
Simon Lester 05 Feb 2014 1 min read

Luca Rubini on the Canada - Renewable Energy/FIT Case

I think we are all still puzzling over what to make of the Appellate Body's reasoning in the Canada - Renewable Energy/FIT case.  Luca Rubini has some thoughts in a new paper.  Here's an excerpt: the fact that the market is even fundamentally distorted, to
Simon Lester 05 Feb 2014 1 min read

Plain Packaging of Marijuana?

In the comments, Tom Miles of Reuters asks a great question, one that I had been wondering about: I've been thinking about the question of tobacco control legislation from the perspective of a nascent marijuana industry, and would be interested to know if any of your readers think
Simon Lester 05 Feb 2014 1 min read

Beer vs. Pot in Trade Law

From the FT: A marijuana hangover is starting to hit the beer industry. At the beginning of last month, Colorado became the first US state to allow the sale of pot for recreational use. The end of pot's prohibition has rattled the beer industry for years, raising fears
Simon Lester 04 Feb 2014 1 min read

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Section 122 as a (Partial) Replacement for the IEEPA Tariffs

Apparently, this is the era of dusting off old international economic policy statutes and figuring out what they mean and how they work. After the Supreme Court's ruling today in Learning Resources, holding that "IEEPA does not authorize the President to impose tariffs," we are now
20 Feb 2026 5 min read

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

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