Sunday, July 15, 2012

'Nuff said

(Taking context-optional note of thought-provoking quotes)
'[T]he issue of the relationship between rights under general public international law, such as permanent sovereignty over natural resources, and [World Trade Organization] obligations continues to be a source of tension.'
-- Northeastern University Law Professor Sonia E. Rolland (right), in an ASIL Insight examining China - Measures Related to the Exportation of Various Raw Materials, a dispute brought against China by the United States, in which the WTO this past February adopted both the January 30, 2012, Appellate Body report and the July 5, 2011, panel report. As Rolland explains, the dispute result indicates that any country that accedes to the WTO (as did China in 2001, and as Russia intends soon to do) and that wishes successfully to invoke exceptions to international limits on trade barriers, needs to make that clear in its accession instruments.

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