International Economic Law and Policy Blog (Page 48)

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The Latest from Katherine Tai on WTO Dispute Settlement Reform

Here are some exchanges from a House Ways & Means Committee hearing last week between members of Congress and U.S. Trade Rep. Katherine Tai about the state of WTO dispute settlement reform. Are there any definitive answers in here as to where things are going and when they will

What Is the Economic Purpose of the GATT/WTO? Free Trade/Anti-Protectionism vs. Market Access

In his latest Trade Talks podcast, my friend Chad Bown has covered a topic that he and I have discussed several times: What is the economic purpose of the GATT/WTO? I assume he knew his podcast would generate a reaction from me, and I don't want to

Another Canada - Dairy TRQs Panel

When I say "another" in the title, I mean that in two senses: a second USMCA Canada - Dairy TRQs panel brought by the U.S.; and another one to complement the one recently brought by New Zealand under the CPTPP. The U.S. first written submission in the

(Untitled)

Recommend Scott Lincicome, "The Obscure Maritime Law That Ruins Your Commute" If any of you have ever wondered about para 3(a) of GATT 1994 the first sentence of which provides: The provisions of Part II of GATT 1994 shall not apply to measures taken by a Member

BIICL Training Course on WTO Law

This is from the British Institute of International and Comparative Law (BIICL): The training course in WTO Law offers an in-depth dynamic and applied knowledge of the regulatory framework of the multilateral trading system, covering both the institutional and substantive law of the World Trade Organisation (WTO). The WTO

Guest Post: The EU’s Industrial Strategy and Supply “Resilience”

This is a guest post from Victor Crochet, Trade lawyer and PhD student at Cambridge University In response to the United States of America (“US”) Inflation Reduction Act and regained interest in industrial policies, the European Union (“EU”) recently announced its Green Deal Industrial Plan. The EU’s goal with

First CPTPP Panel Composed

As noted on the blog here, in May 2022 New Zealand filed the first ever CPTPP consultations request, relating to Canadian measures "concerning the allocation of dairy tariff rate quotas (TRQs) under CPTPP (dairy TRQ allocation measures)." A panel request was filed in November 2022. On March 9,

From Karl Sauvant on an Advisory Centre on International Investment Law

9 March 2023 Establishing an Advisory Centre on International Investment Law: Key challenges ahead by Karl P. Sauvant* Over 130 countries (of which some 80 developing countries, including 18 least developed countries) have so far faced treaty-based international investment disputes (74 new disputes in 2021 alone), for a total

Japan Joins the MPIA

There seems to be a bit of momentum with the MPIA these days. There was the recently issued Colombia - Frozen Fries award, which MPIA Arbitrator Joost Pauwelyn told us about. And now Japan is joining the arrangement, as METI just announced: More than three years have passed since the Appellate

The MPIA: What's New (Part III)

Now that I addressed what the MPIA is and whether/how it works, let me turn to the third, and final, post in this series: What are some of the novelties that can be found in the first MPIA procedure? The list of eight items below is limited to procedural/