International Economic Law and Policy Blog (Page 90)

International Economic Law and Policy Blog

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ISDS in a U.S.-Kenya FTA

It's one thing not to have ISDS in a U.S.-UK FTA, but what about in a U.S. FTA with Kenya? Investment in developing countries is what people who worry about risks associated with foreign investment seem to worry most about. This came up recently at

USTR Is Hiring People for USMCA Labor and Environment Enforcement

This is a question from Senator Grassley to U.S. Trade Rep. Lighthizer at the Senate Finance Committee Hearing on The President’s 2020 Trade Policy Agenda, from June 17, 2020: In the USMCA implementing bill, Congress provided USTR a significant increase in funding. We must continue to assess the

The MPIA Pool of Arbitrators Has Been Announced

Here: ... the Multi-Party Interim Appeal Arbitration Arrangement pursuant to Article 25 of the DSU is composed of the following persons: • Mr Mateo Diego-Fernández ANDRADE • Mr Thomas COTTIER • Ms Locknie HSU • Ms Valerie HUGHES • Mr Alejandro JARA • Mr José Alfredo Graça LIMA • Ms Claudia OROZCO • Mr Joost PAUWELYN • Ms

Guest Post: Appointing Appellate Body Members by Majority would Undermine, Not Preserve the Rule of Law

This is a guest post from law professor Geraldo Vidigal: I just had an exchange with Henry Gao on his post below and thought it could be useful to develop on the issue here. Gao argues that the WTO Ministerial Conference should move to appoint a WTO Director-General by

What Exactly Did Biden Say About ISDS?

A couple days ago, I posted about Biden's responses to trade questions from the United Steelworkers. Here's what he said about ISDS: I don't believe that corporations should get special tribunals that are not available to other organizations. I oppose the ability of private

The Solution to the DG Crisis Comes from the AB

According to Reuters, the simple decision of appointing one of the DDGs as the Acting DG has run into impasse due to the insistence of the US to appoint Alan Wolff instead of Karl Brauner as most Members prefer. While seemingly surprising, I think this is the natural consequence of

Biden Responds to Steelworkers on Trade

Presidential candidate Joe Biden has responded to questions from the United Steelworkers here. There were some interesting questions and answers on trade. The whole exchange is below, but here are a few highlights: -- It seems pretty clear that ISDS will not be in future Biden trade agreements. -- He finessed the

The USCIT's Transpacific Decision

Gary Hufbauer and I comment on the recent landmark decision in the US Court of International Trade voiding President Trump's tariff action against Turkish steel: https://voxeu.org/content/landmark-court-decision-limits-presidential-trade-restrictions

Distorted Input Prices - Still in the Dark

A new panel report is out that addresses yet again the question of whether, and if so when, a Member can disregard “distorted” costs in determining normal value (and replace them with higher “undistorted” costs). EU-Cost Adjustment Methodologies, DS494. This issue has now been taken up in four WTO

What Did Bill Clinton Say about China's WTO Entry?

I often hear that Bill Clinton make a mistake by believing and/or promising that China would liberalize economically and politically when it joined the WTO. And I see him quoted selectively to make that point. I recently came across one of these quotes, and thought it would be worth