Trade and Investment

Analytical Note, March 2013

EU-ACP Economic Partnership Agreements: Current State of Play.

This note provides an overview of the EPA negotiations. It illustrates the fact that the same critical contentious issues persist in the EPAs across various regional blocs. It also highlights the concerns of the highest political authorities of ACP States regarding the EPAs and the inherent dangers for (more…)

SouthViews No. 52, 28 January 2013

Resolving Debt Crises: How a Debt Resolution Mechanism Would Work

By Martin Khor

More countries are facing a debt crisis, and the world urgently needs an international system of debt arbitration and restructuring. This article describes the elements needed in such a system.

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Analytical Note, January 2013

Operationalising the 2002 LDC Accession Guidelines: An Analysis.

Benchmarks to ‘further strengthen, streamline and operationalize’ the 2002 LDC Accession Guidelines have been developed. The following conclusions can be made regarding these benchmarks: (more…)

SouthViews No. 50, 12 December 2012

LDCs seek exemption from WTO TRIPS agreement

By Kanaga Raja

The Least Developed Countries (LDCs) have submitted a “duly motivated” request to the WTO TRIPS Council for an extension of the transition period for them to comply with the TRIPS Agreement “for as long as the WTO Member remains a least developed country”.

A proposed draft decision annexed to their request states that: “Least developed country Members shall not be required to apply the provisions of the Agreement, other than Articles 3, 4 and 5, until they cease to be a least developed country Member.”

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SouthViews No. 49, 11 December 2012

LDCs seek exemption from WTO TRIPS agreement

By Mariama Williams

The Least Developed Countries (LDCs) have submitted a “duly motivated” request to the WTO TRIPS Council for an extension of the transition period for them to comply with the TRIPS Agreement “for as long as the WTO Member remains a least developed country”.

A proposed draft decision annexed to their request states that: “Least developed country Members shall not be required to apply the provisions of the Agreement, other than Articles 3, 4 and 5, until they cease to be a least developed country Member.”

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SouthViews No. 49, 11 December 2012

Challenges posed by BITs to developing countries

By Mariama Williams

Bilateral investment treaties pose many challenges to developing countries, and initiatives are underway to move towards a new framework. This message is contained in a closing speech by Mariama Williams on behalf of the South Centre at the 6th Annual Investment Forum for Developing Country Negotiators, Port of Spain, Trinidad and Tobago, 29-31 October 2012, which was co- organised by the South Centre.

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SouthViews No. 47, 6 December 2012

Hazards in Bilateral Investment Treaties (BITs): Investors’ rights v. public health

By Carlos Correa

An arbitral tribunal is expected to issue soon a decision on jurisdictional matters in a case brought by Philip Morris against the government of Uruguay. The claim, based on a bilateral investment treaty (BIT) between that country and Switzerland, challenges packaging and labeling requirements for cigarettes adopted by Uruguay to reduce tobacco’s consumption.
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SouthViews No. 46, 5 December 2012

South Africa’s review and new policy on BITs

By Xavier Carim

Below is a speech on “A South African Perspective on International Investment Agreements” by Xavier Carim, Deputy Director General, Department of Trade and Industry, South Africa at the WTO Public Forum, 25 September 2012, Geneva.

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SouthViews No. 41, 9 November 2012

The twists and turns of the Doha talks and the WTO

By Martin Khor

Welcome to this session on Doha and the Multilateral Trading System – From Impasse to development? which the South Centre is pleased to co-organise.

This session aims to look at what the future holds for the WTO, in particular in relation to the development dimension, and the interests of the developing countries.

After the Uruguay Round, the developing countries went into a mood of reflection because many of them were not active in the negotiations and did not fully understand what they had signed on to or the implications. So for a number of years after 1995, for the developing countries, their priority in the WTO was to understand the obligations they had entered into and the problems of implementation, particularly in new issues such as TRIPS, Services, TRIMS which they had been obliged to take on as new obligations, in exchange for the re-entering of agriculture and textiles into the GATT system. And to get the WTO to review and possibly reform its rules.

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SouthViews No. 40, 7 November 2012

Towards an alternative narrative for the multilateral trading system

By Faizel Ismail

This presentation will argue that the recent attempts by some policy makers to use the concept of Global Value Chains (GVCs) to make a case for increased trade liberalization is deeply flawed for three reasons: First because it attempts to bring back the notion of a self-regulating market that is disembedded from society and divorced from the asymmetries in economic power that characterize today’s interdependent global economy; Second, because it attempts to revive the discredited Washington Consensus; and third because it does not provide a framework for helping developing economies develop beyond their current comparative advantages. Consequently, this approach to trade liberalization we will argue is a false basis to re-invigorate the current Doha round and to deal with the crisis in multilateralism. We will attempt to provide an alternative and more sustainable basis to rebuild the multilateral trading system.

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SouthViews No. 39, 6 November 2012

Current issues in the WTO negotiations: a development view

By Jayant Dasgupta

Transcript of remarks of Ambassador Jayant Dasgupta, Permanent Representative of India to the World Trade Organization made at the WTO Public Forum session on Doha and the Multilateral Trade System: From Impasse to Development? on 26 September.
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Policy Brief 12, November 2012

Trade and Investment Agreements—Barriers to National Public Health and Tobacco Control Measures.

An arbitral tribunal is expected to issue soon a decision on jurisdictional matters in a case brought by Philip Morris against the government of Uruguay. The claim, based on a bilateral investment treaty (BIT) between that country and Switzerland, challenges packaging and labeling requirements for cigarettes adopted by Uruguay to reduce tobacco’s consumption. (more…)