Can competition and trade policy be reconciled? - PowerPoint PPT Presentation

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Can competition and trade policy be reconciled?

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One law firm around the world One law firm around the world One law ... Contractual flexibility and renegotiation. Fools' Golden Rule. Ideals and practicality ... – PowerPoint PPT presentation

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Title: Can competition and trade policy be reconciled?


1
  • WTO Rights Obligations
  • Africas Strategic Application of
  • the GOLDEN RULE
  • dcrosby_at_whitecase.com

Mombasa 2 November 2006
2
WTO Rights and Obligations OUTLINE
  • Evolution and Codification of International Law
  • Significance of Ultimate Sources of Law
  • Moral
  • Legal
  • Economic Development
  • Strategic Application of Background
  • Negotiations
  • Enforcement

3
Evolution and Codification
  • How do international rules of engagement evolve?
  • How are international rules codified?
  • Do rules-based results reflect origins?
  • Treaties
  • International undertakings

4
Foundation of Human Interaction
  • The GOLDEN RULE
  • Do unto others
  • as you would have them
  • do unto you

5
The GOLDEN RULE Intl Law
  • Application in treaties
  • Diplomatic relations
  • International trade

6
The GOLDEN RULE Intl Law
  • Evolution of practice
  • Codification under International Law
  • Application in Trade Relations

7
The GOLDEN RULE at the WTO
  • Application in the Multilateral Trade System
  • Codification
  • Rules
  • National Treatment
  • MFN
  • Commitments
  • Significance
  • Practical Application

8
An American Perspective
  • Norman Rockwell, 1894-1978

9
Triple Self-Portrait - 1960
10
Freedom from Want - 1943
11
The Problem We All Live With - 1964
12
The GOLDEN RULE - 1961
13
African Perspective
  • One going to take a pointed stick to pinch a
    baby bird should first try it on himself to feel
    how it hurts.
  • - Yoruba Proverb (Nigeria)

14
Significance / Strategic Relevance
  • Moral
  • Legal
  • Economic Development

15
Moral Significance
16
Legal Significance
  • Codification in rules ?
  • Basis for complaint ?
  • Enforcement ?
  • Objectives

17
Economic Significance
  • Basis for system to create economic opportunity
    and development
  • (Theory vs. reality)
  • Guides economic policy decisions by Members
  • ONLY IF OBLIGATIONS ARE RESPECTED AND RIGHTS ARE
    ENFORCED

18
Economics - U.S. Executive Policy
19
Economics - U.S. Legislative Policy
20
Economics - U.S. Trade Policy
  • Just as we must abide by our international
    commitments so must other governments, even if
    doing so is politically difficult. To do
    otherwise simply violates the golden rule do
    unto others as you would have them do unto you.

21
Economics More U.S. Trade Policy
  • we will work to make sure that we practice
    what we preach that we too follow the golden
    rule that we do unto other nations as we would
    have them do unto us.

22
Strategic Application by Africa
  • Golden Rule Rights
  • Golden Rule Obligations

23
Considerations
  • Refining the Golden Rule
  • Contractual flexibility and renegotiation
  • Fools Golden Rule
  • Ideals and practicality
  • The Problem We All Live With -
  • Do we live by and enforce codified ideals?

24
WTO Ideal ---
  • raising the standards of living, ensuring
    full employment and a steadily growing volume of
    real income and effective demand, and expanding
    the production of trade in goods and services,
    while allowing for the optimal use of the world's
    resources in accordance with the objective of
    sustainable development"

25
WTO Practice ---
  • Strategic relevance of the GOLDEN RULE in the
    context of WTO rights and obligations.

26
WTO Practice ---
  • For Africa, living by practical ideals at the WTO
    means GOLDEN RULE
  • Enforcement, and
  • Negotiation.

27
  • THANK YOU

28
  • WTO Rights Obligations
  • Africas Strategic Application of
  • the GOLDEN RULE
  • dcrosby_at_whitecase.com

Mombasa 2 November 2006
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