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An Exercise in (Trade Policy) Legitimation?

Hold your breath.The EU is putting trade policy to public task: http://www.iht.com/articles/2006/12/04/business/trade.php . Is this like putting liberalization to public referendum? If the outcome is negative, could it justify trade restrictions? If it is positive, could it justify openness? One
Tomer Broude 05 Dec 2006 1 min read

"Investment and..."

" Interactions between Investment and Non-Investment Obligations in International Investment Law " by my Hebrew University Colleague Prof. Moshe Hirsch is a systematized analysis of investment tribunals' treatment - perhaps the first - of the overlap between investment law and other areas of international obligation. It's available
Tomer Broude 05 Dec 2006 1 min read

Cape Town Convention

This paper came across on SSRN, and looks interesting, both in terms of the subject it describes, and the method by which it evaluates the benefits of this convention. "Innovation in International Law and Global Finance: Estimating the Financial Impact of the Cape Town Convention" Author: ANTHONY SAUNDERS
Trachtman 04 Dec 2006 1 min read

Biotech Panel Report

Unlike the rest of the world, I have made it a practice not to read leaked WTO panel reports.  I do this out of respect for the integrity of the WTO dispute settlement system.  Therefore, I did not have occasion to consider tackling the new Biotech report until it was
Charnovitz 03 Dec 2006 1 min read

Unappealing Biotech Products

It appears that the EC has decided not to appeal the panel ruling in Biotech.  Why?  And what are the jurisprudential and practical implications of this decision?
Trachtman 03 Dec 2006 1 min read

Trade in Waste Products

In the ongoing retreaded tires dispute, part of Brazil's defense is that it should be able to restrict imports of used tires because of the environmental damage they cause.  But the problem seems to be a more general one, applying to other forms of waste products: Devising measures
Simon Lester 28 Nov 2006 1 min read

Evraz of Russia to buy Oregon Steel for $2.3 billion

Following up on Joel's post that the "Russians are Coming," Evraz Group SA, a steel maker partly owned by billionaire Roman Abramovich, agreed to buy Oregon Steel Mills Inc. for $2.3 billion, the biggest-ever purchase in the U.S. by a Russian company. http://seattlepi.
Simon Lester 21 Nov 2006 1 min read

The Precautionary Principle

Over at Opinio Juris, Roger Alford has an interesting post on the precautionary principle.  Among other things, he notes: Of course, there are mild and strong versions of the precautionary principle. As Cass Sunstein has noted in this article, a mild version rather benignly posits that "a lack of
Simon Lester 20 Nov 2006 1 min read

The Future of the Online Gambling Ban

In an earlier post, I optimistically predicted that the online gambling ban would be repealed or modified in a little over two years.  This article makes my prediction seem way off the mark: Even if more libertarian minds prevail in the online gambling debate, Stewart says it could take at
Simon Lester 20 Nov 2006 1 min read

The Russians are Coming

I suppose that the irony of the U.S. and Russia reaching agreement in Hanoi, of all places, on a bilateral agreement to move forward with Russia's accession, was lost on no one.  Does this move have geopolitical significance?  Putin thinks so:  "This creates a favourable background
Trachtman 19 Nov 2006 1 min read

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International Economic Law and Policy Blog

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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 3 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

Is this the end of MFN as we know it? The EU submission on WTO reform and the meaning of development

With the release of the EU submission on WTO reform, it has become clear that the MFN principle’s central role within the WTO architecture is under challenge. As a keystone, it risks the entire bridge falling. Even if the foundations are retained but deemed outdated or unusable, and a
23 Jan 2026 3 min read

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