So there’s recently a lot of talk going around in trade law circles about the supposedly “grossly illegitimate” ruling in the long-standing Tuna/Dolphin dispute at the WTO. Some of you may already be aware of the problem underlying the case. It involves a complaint by Mexico against the United States regarding certain requirements that the latter… Continue reading Is the WTO Dispute Settlement system in danger?
The irony in the title is that while the 1987 Robbin Williams starrer was based on the US war in Vietnam during the 60s and 70s, this post is about a 21st Century trade pact where the former is still trying to “make the world more like them“. Let me explain. The United States is one of the few… Continue reading Part II: Good morning, Vietnam!
The TPP is definitely the talk of the town. It’s mentioned everywhere. In newspaper op-eds to academic articles. You may have heard of it – a massive “free-trade” pact between 12 (majorly pacific-rim) countries, spearheaded by the United States. Apart from Vietnam, Trans-Pacific Partnership (TPP) members include countries like New Zealand, Australia, Brunei, Singapore, Peru and Mexico. The double-quotations around the… Continue reading Let’s talk about the TPP: Part I
In the last post, I had briefly talked about how Argentina’s debt crisis had forced the nation to impose certain restrictions on imports from nations like the United States, the European Union, Japan and Mexico. These measures, including measures like the the Advanced Sworn Import Declaration (ASID), which required foreign firms to secure approval by… Continue reading ASID attack, Part 2 of Argentina’s WTO woes: Interpretation of Article XI:1
It had to happen. There was too much at stake. India’s new government had boldly stood by its predecessor’s decision to provide massive agricultural subsidies through the implementation of the National Food Security Act (NFSA), passed last year. On the other side, the US had decided to amplify its attempts to conclude the pending TPP negotiations, which… Continue reading How India landed in a very common crisis: a much-needed response to the TFA controversy
After binge watching Netflix’s original series, House of Cards, I couldn’t help going back and finding exactly how much of it (in terms of US-China relations) is accurate. Though it has several slight references to “rare earth minerals”(find out what that’s about here), the focus of the depicted trade war are negotiations revolving around a… Continue reading It’s all about the money: WTO and House of Cards
[The following is a guest post by Jayant Raghu Ram, an alumnus of National Law University, Jodhpur. He is currently working as a Research Fellow with the Centre for WTO Studies in the Indian Institute of Foreign Trade.] The recent case of US-Clove Cigarettes is making a fresh comeback in the news. The decision of the WTO Appellate… Continue reading Guest Post: A cloud over Clove cigarettes
Japan Times reports that Japan has agreed to review its policy on pork-imports with respect to the tariffs imposed. A brief discussion on the US-Japan standoff can be found here and here. It seems that Japan has finally come around to understanding that it stands to reap massive benefits if it is able to pull… Continue reading Part III: Japan takes a step forward, ready to lower pork tariff for the TPP
Starting today, the dozen countries involved in the Trans-Pacific Partnership (TPP) will begin a new round of talks in Ho Chi Minh City. The four day meeting will be followed up with a ministerial gathering from 19th to 20th May in Singapore. The centre of attention will be the US-Japan deadlock, while the other 10 countries, including Australia… Continue reading Part II of the US-Japan sage: Follow up on TPP talks in Vietnam
Recently, the trade talks between United States and Japan over the Trans-pacific Partnership (TPP) concluded without any result. Both criticized each other for not doing enough in terms of reducing import limits. Specifically, two problems were Japan’s so-called “sacred” farm subsidies and resistance on part of the US to decrease import limits on certain products.… Continue reading The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt