Given the current state of multilateral trade negotiations, it appears that preferential trade agreements (PTAs) will serve as the main vehicle for increased liberalization in the short term. The question arises, whether the proposed Trans-Pacific Partnership (TPP) should and could include...

During the past several years, the United States has concluded a substantial number of bilateral and regional free trade agreements (hereinafter “FTAs”), largely with developing countries. Each of those FTAs includes substantial commitments in the field of intellectual property rights (IPRs)...

This Article, originally presented at a symposium, THE WTO AT A CROSSROADS, in 2004 at the Law Faculty of Bar Ilan University in Israel, provides a proposal that responds to the problems posed by the increasing prevalence of regional trade agreements. The Article argues that RTAs have tended to...

The paper provides a detailed analysis of the current U.S. - Korea free trade agreement (FTA) negotiations. The currently negotiated U.S. - Korean FTA may offer a legal framework for economic integration between the United States and Korea in the sense that the FTA attempts to bring Korea's...

The interface of trade and climate change mitigation and adaptation is at the heart of contemporary legal developments in energy law. Yet, the challenges of climate change are merely the tip of the iceberg of unresolved and controversial issues relating to the status of energy in international...

This article provides a comprehensive overview of the treatment of legal services in the United States’ international trade agreements. Although many individuals are now familiar with the General Agreement on Trade in Services (GATS), far fewer realize that legal services are included in at...

We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy for breach and whether the agreement should be structured as a system of "property rights" or...

The CIS trade regime can be characterised as a mix of, partly overlapping, weak, bilateral, subregional, and multilateral agreements. This is a result of the design of the CIS, which was explicitly constructed to allow its member states to participate in only those parts that they deemed in...

At this writing, most-favored-nation (MFN) principles notwithstanding, every nation save Mongolia has entered into at least one bilateral or regional free trade agreement. The European Union, for example, is so heavily engaged in bilateral deals that it has MFN trade relations with only seven...

In this chapter, I review Korea's legislative framework of free trade agreement negotiations and administration of FTAs. In particular, focus is on the trade in goods, including the administration of rules of origin and tariff reduction chapters of enacted FTAs. The first part of this paper...