Major Developments — TPP, Tax, Cyber, Investment — Changes Continue to the Trade Landscape — New Litigation Rules.

                       Law and World (Gavel)

     The biggest development the last three weeks or so in global trade relations was the start of the battle by the Obama administration to get TPP through Congress. This proposed agreement includes new rules for dispute resolution over trade and investment matters. The relation of these new rules, as the agreement states,  to WTO rules for settling disputes, customary international law, and international commercial disputes  are striking and historical.

      But in addition to this development, somewhat less known, is the U.K. shift in trade relations toward China (as piece of President Xi’s visit to the U.K.), and the EU push for a new investment and tax  policies toward multinationals as well as cyber proposals. These are long term developments with significant implications for global trade relations today. Here are some additional particulars:

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About Stuart Malawer

Distinguished Service Professor of Law & International Trade at George Mason University (School of Public Policy).
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