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Sanctions on Russia

From the Washington Post editorial board: The most powerful non-military tool the United States possesses is exclusion from its banking system. Mr. Obama should make clear that if Russia does not retreat from Ukraine, it will expose itself to this sanction, which could sink its financial system. Russia’s
Simon Lester 03 Mar 2014 1 min read

Paul Krugman on IP in the TPP

He is skeptical: What the T.P.P. would do ... is increase the ability of certain corporations to assert control over intellectual property. Again, think drug patents and movie rights. Is this a good thing from a global point of view? Doubtful. The kind of property rights we’re talking
Simon Lester 03 Mar 2014 1 min read

Choosing an Appellate Body Member is Becoming Difficult

From the WTO: The Chair of the DSB updated WTO members on the process for replacing the Appellate Body member David Unterhalter (South Africa) who ended his second four-year term in December last year. The DSB took note of the communication by the Selection Committee informing WTO members that
Simon Lester 27 Feb 2014 1 min read

TBT Negotiating History and the Boundaries of International Economic Law

I have a short article in the latest issue of the JIEL (subscribers only), in which I talk about the negotiations on TBT issues in the GATT era, and the implications for the scope of international economic law.  Here's a bit from the conclusion: Whether or not it
Simon Lester 27 Feb 2014 1 min read

More on the Supreme Court and Software Patents

This is from Tim Lee of the Washington Post: This spring, the Supreme Court will weigh in on the patentability of software for the first time in a generation. In the 1970s, the high court placed strict rules on software-related patents. But since then, a lower court has effectively
Simon Lester 27 Feb 2014 1 min read

The EU Tobacco Products Directive: More Trade and Investment Litigation Coming?

From the NY Times: The regulation of e-cigarettes in Europe is part of a broader overhaul of the region’s tobacco rules, which have been in place since 2001. The rules adopted on Wednesday go further than United States laws. Along with the e-cigarette changes, they will require
Simon Lester 27 Feb 2014 1 min read

Georgetown International Trade Update

The Georgetown International Trade Update is this week: http://www.law.georgetown.edu/continuing-legal-education/programs/cle/international-trade-update/agenda/index.cfm As usual, there's a lot on the agenda, but this one intrigues me the most: Luncheon Address: A Conversation with Jan Woznowski on Trade
Simon Lester 25 Feb 2014 1 min read

Marketing Junk Food in Schools

From Politico: First lady Michelle Obama will unveil a proposal Tuesday that would ban marketing junk food and sodas in schools — an unusually aggressive position for the administration that could draw the ire of school districts, food companies and conservatives. Schools would no longer be able to house vending machines
Simon Lester 25 Feb 2014 1 min read

Symposium on New Approaches to International Regulatory Cooperation

Regulatory cooperation is a hot topic these days, one that I've mentioned a few times on this blog.  Next week at NYU they will be talking more about it: NYU's Global Administrative Law Project will be hosting a symposium at the end of next week, Feb
Simon Lester 24 Feb 2014 1 min read

What is the Functional Effect of the Investment Arbitration System?

From a new paper by Thomas Schultz and Cedric Dupont: We consider three main hypotheses about the functional effects of investment arbitration. They form three models or candidate-theories of the functions that investment arbitration may empirically have: (1) investment arbitration serves to champion and strengthen the interests of economic
Simon Lester 24 Feb 2014 1 min read

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International Economic Law and Policy Blog

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A law of many meanings: Exchange Actions under the GATT and IMF

Earlier this week, Simon Lester posted about the EU’s concerns with the undervaluation of the Chinese currency. He situated the recent demands for trade restrictions against a longstanding debate about the function of GATT Article XV:4.
25 Jun 2026 8 min read

Does The EU Need Its Own Section 301 To Counter China's Distortions?

Recently, economists Sander Tordoir and Brad Setser suggested that the EU may need its own version of Section 301 in order to "confront China’s systemic distortions beyond piecemeal trade defence."
17 Jun 2026 7 min read

The Section 301 Forced Labor Import Ban Report

On June 2, 2026, USTR released its report on its Section 301 investigation into acts, policies, and practices of various economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.
04 Jun 2026 11 min read

What To Expect from the USMCA Review?

The USMCA review is almost upon us. How exactly things will proceed is a bit unclear, as we've never done this sort of thing before, but July 1 is the six year anniversary of the USMCA's entry into force.
03 Jun 2026 15 min read

China in the World Trading System: A Response to Chad, and Some Comments on Froman-Greer

I'm going to use this post to (1) respond to Chad and (2) comment on an exchange between current U.S. Trade Rep. Jamieson Greer and former U.S. Trade Rep. Mike Froman at a recent CFR event.
01 Jun 2026 7 min read

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