EU Law - WTO Flashcards
Articles 2 Technical Barriers to Trade Agreement
Focuses on regulation not ‘more trade-restrictive than necessary to fulfil a legitimate objective’
CETA
EU-Canada Comprehensive Economic Trade Agreement
TTIP
Transatlantic Trade and Investment Partnership
Annex 2 EU Reformed Approach
Elaborate rules on independence and ethics of proposed new investment court system
Function of appeals tribunal under EU reformed approach
Deal with interpretation and application of law, and when first instance court said to have made a manifest error in appreciation of the facts
Who called the appellate body in the dispute settlement of WTO the ‘World Trade Court’?
Eeckhout
Article 3(2) EU Reformed Approach
Fair and equitable treatment exhaustive list will be set out
EU exclusive competence in common external trade policy
Article 207 TFEU
What is an issue with the Tecmed judgment?
Ad infinitum - M can never legislate
EU hormones case general
Growth hormones cattle
How do ISDS lack consistency?
Interpretative autonomy, especially considering lack of appeals mechanism
How did Antigua try to hit back in Antigua-US WTO Dispute over Gambling, despite weakness of Article 22(2)
Refused to comply with intellectual property law
What are the two agreements made in the EU under new competence given by Lisbon Treaty under Article 207 TFEU?
CETA and TTIP
Vattenfall I general
Coal-fired power
Article 207 TFEU
EU exclusive competence in common external trade policy
What is indirect expropriation?
Equivalent effect through substantial deprivation of fundamental attributes of investment property
What could the EU Reformed Approach be the first steps towards?
‘International Investment Court’ concluded under international multilateral agreement in future
What is the WTO the successor and expander of?
GATT
TTIP current standing
Negotiations still ongoing, to resume soon - then need to confirm with US
What will enforcement of TTIP and CETA be through?
ISDS
Phillip Morris v Australia judgment
ISDS declined jurisdiction - moved to Hong Kong specifically to challenge
How are CETA and TTIP different from other EU trade agreements?
Additional chapter conferring rights on investors
Tecmed v Mexico judgment
Investors need to know of rules/regulations governing their investments beforehands
What is the second form of dispute settlement at international level?
Investor State Dispute Settlement
How can the influence of EU in shaping WTO be seen most obviously?
Similarities between Articles 34 - 36 TFEU and Articles 2 Technical Barriers to Trade Agreement
How does Decision 94/800 show no intention for WTO to have DE?
Agreement not susceptible to being directly invoked
How much was the cost of litigation in Phillip Morris v Australia?
$50 million Australian dollars
Article 5 EU Reformed Approach
Non-discriminatory measures designed to protect legitimate objectives are not indirect expropriations