Investor Arbitration and Public Regulation

On August 27, 2014, a NAFTA panel dismissed a claim by the Canadian pharmaceutical company, Apotex Inc., that had argued that the US government had breached the non-discrimination clauses in the Agreement by issuing an Import Alert over the company’s Canadian drug manufacturing processes. In 2008 -2009. the US Food and Drug Administration had inspected… Read More »

Russian Trade Roulette

The current cavalcade of sanctions and counter-sanctions in the Russian-Ukraine crisis ultimately involves issues of trade rules under the WTO Agreement. I commented on this in an op-ed piece in the Globe and Mail today (August 8, 2014), my view being that, contrary to the Russian threat, it’s Russian trade retaliation against the West, including… Read More »

Germany, Canada and Investment Protection – Another Look

The reported German rejection of Investor-State Dispute Settlement (ISDS) in the Canada-EU trade and investment agreement, while inexcusably late in the day, shouldn’t come as a total surprise. The July 26 Sueddeutsche Zeitung report simply articulates Germany’s growing distrust over these binding investment arbitration provisions, of particular German concern in the context of the EU-US… Read More »

Russian Sanctions – A Moving Target

Canada’s sanctions against Russia and Ukraine are a moving target and are expanded on an ongoing basis, particularly in light of the evolving situation in that part of the world. This note adds to comments I made previously on this Blog. I anticipate that Canada will tighten the Russian sanctions in light of the downing… Read More »

Thoughts About Investment Agreements

There is growing debate about foreign investment protection agreements – what Canada calls “FIPAs”, the Americans call bilateral investment treaties or “BITs” and what others refer to simply as international investment agreements or “IIAs”. Acronyms abound. According to the UN Conference on Trade and Development, there are 3,200 of these around the world, proliferating in… Read More »

Are Trade Negotiators Really Up to No Good?

The Council of Canadians, the self-styled champion of the public interest, has blasted governments for their collective secrecy in the TPP negotiations being held in Ottawa July 3-12. They issued demands for access to TPP negotiating documents and, in effect, for virtual inclusion the TPP talks on an ongoing basis. This is a standard ploy… Read More »