NAFTA Renegotiation: International Trade and Arbitration Going Forward

A Panel on NAFTA Renegotiation

International Trade and Arbitration Going Forward

Thursday, November 16, 2017

12:00 to 1:30pm

 

George Washington University Law School
Tasher Great Room (Burns 101)
2000 H St NW
Washington, DC 20052

With the fifth round of NAFTA renegotiations set to commence on November 17, 2017, the Trump Administration’s objects for investor-state dispute settlement (ISDS) in the final agreement have been front and center. Given the timeliness and the importance of the renegotiation efforts, the panelists will be in a unique position to discuss the merits of potential changes to the ISDS provisions as well as other aspects of the trade agreement.

Our panelists and moderator will discuss, among other things, potential changes to Chapter 11 ISDS provisions, the intersection of U.S. industry and ISDS, and substantive protections. The International Arbitration Student Association and International Law Society of The George Washington University Law School hopes that you will be able to join us for this panel discussion.

 

Moderator:

  • Steve Charnovitz (Professor, The George Washington University Law School) Professor Charnovitz is an associate professor at the GWU Law School. Prior to joining the Law School in 2004, Professor Charnovitz was the director of the Global Environment and Trade Study at Yale and from 1991-1995 he was the policy director at the U.S. Competitiveness Policy Council. Professor Charnovitz serves or has served on the editorial boards of the American Journal of international Law, the Journal of International Economic Law, and the World Trade Review. He is a member of the Council on Foreign relations and the American Law Institute. He has authored, co-authored, or edited more than 215 scholarly publications over his career and written multiple books on the topic of international trade law, the most recent being The Path of World Trade Law in the 21st Century.

Panelists:

  • James Mendenhall (Partner, Sidley Austin)Mr. Mendenhall is a partner in the International Arbitration and International Trade practice groups at Sidley Austin. He is the former General Counsel of the Office of the US Trade Representative where he represented US interests before the WTO and in NAFTA disputes. In this capacity he was the chief negotiator for the US in the Softwood Lumber negotiations with Canada and served as the USTR representative on the CFIUS. Mr. Mendenhall has represented clients in numerous international arbitration and invest-state proceedings under ICSID and UNCIRAL arbitration rules and routinely advises clients on international trade negotiations, trade policy, national security regulations, and legislative matters.
  • George Kalantzakis (Manager, International Government Affairs, Hess Corporation) Mr. Kalantzakis is the Manager of International Government Affairs at Hess Corporation, a Fortune 500 American based oil and gas company with global operations. Prior to joining Hess, Mr. Kalantzakis worked under the Chief Economist at the American Petroleum Institute. He received his graduate degree from The John Hopkins University School of Advanced International Studies (SAIS). Following graduation from SAIS, he received his MBA from John Hopkins.
  • Patrick Childress (Associate, Sidley Austin)Mr. Childress is an associate in the International Arbitration practice group at Sidley Austin. He focuses primarily on international dispute settlement including investment treaty arbitration and international commercial arbitration. He has represented investors and governments in proceedings before the ICSID as well as in arbitrations under the Arbitration Rules of the UNCITRAL, the International Chamber of Commerce, and the London Court of International Arbitration.
  • Todd Tucker (Fellow, Roosevelt Institute)Todd Tucker is a Fellow at the Roosevelt Institute who specializes in economic governance, dispute settlement, and regulatory implications of international trade, investment, and tax treaties. He is a co-author of The Rise and Fall of Fast Track Trade Authority which explores the history of U.S. Executive-congressional relations on trade. He has authored more than 60 major reports and is often published and cited in and on CNN, NPR, the New York Times, the Wall Street Journal, and Washington Post for his expertise on the intersection of the domestic and global economy.

Trumping Trade Orthodoxy

Friday, February 3, 2017

9:00am to 4:00pm

 

Elliott School of International Affairs
Lindner Commons, 6th floor
1957 E Street NW
Washington, DC 20052

President Trump has promised a markedly new direction in U.S. trade policy through tweets, appointments, and executive orders. Regardless of these first steps and initial press reports, substantial questions remain about whether some of the actions in fact can be adopted within existing legislative and constitutional constraints. In other areas, President Trump’s authority to pursue radically different policies likely are well-established. George Washington’s Institute for International Economic Policy hosted a full day conference to examine what President Trump can, and cannot, do on trade policy without new congressional authorization. Participants will hear from panels that will include a team of two leading lawyers and economists with substantial first-hand trade policy experience. This conference provided audience members with important perspectives on the limits of President Trump’s emerging trade policy.

 View video from the conference at the IIEP YouTube Channel

View the Schedule
8:15 AM – 9:00 AM: Registration and Breakfast

 

9:00 AM – 9:15 AM: Opening Remarks and Introduction, Michael Moore (George Washington University)

 

9:15 AM – 10:15 AM: Trade Remedies

The President has substantial leeway for initiating various trade remedy actions (antidumping, countervailing duty, and safeguards). U.S. trade law practice and procedure may limit the scope of imposing duties under these provisions.

10:15 AM – 11:15 AM: China as a ‘Currency Manipulator’

The U.S. Treasury may determine that a country manipulates its currency but only under certain statutory conditions. Would China qualify under those provisions? What consequences might it face if China is declared a “currency manipulator”?

11:15 AM – 11:30 AM: Coffee Break

 

11:30 AM – 12:30 PM: Renegotiating/Leaving Existing Trade Agreements

U.S. trade agreements such as NAFTA allow for either Party to announce a withdrawal with six months’ notice. Can President Trump do so without congressional approval? What would be the impact on U.S. trade and investment flows if he were to follow through with such threats?

12:30 PM – 1:30 PM: Lunch

 

1:30 PM – 2:30 PM: Tax Policy, Investment Agreements, & Foreign Direct Investment

President Trump has suggested imposing 35 percent tariffs on individual U.S. firms that offshore manufacturing jobs. Can the Administration single out individual companies in this way? How might such threats increase uncertainty on inward and outward U.S. foreign investment?

2:30 PM – 2:45 PM: Coffee Break

 

2:45 PM – 3:45 PM: Possible WTO Disputes

An aggressive new U.S. trade policy may result in formal disputes with WTO members. What are the most likely cases that might arise? How might the U.S. economy be affected if the WTO rules in favor of those who contest new U.S. approaches in trade policy?

3:45 PM – 4:00 PM: Concluding Remarks

9th Annual Conference on China’s Economic Development and U.S. China Economic Relations

Click here to view videos

The U.S.-China relationship is now second to none in importance for international economic relations and policy and accordingly is a major focus of IIEP. The centerpiece of this initiative is our annual Conference on China’s Economic Development and U.S.-China Economic and Political Relations

This year, key topics discussed will include China’s financial market, the state of China’s macro-economy, the China-Africa relationship, and China’s outward investments and their impacts. For more information about the conference and bios of each panelist, visit our blog

An archive of all previous Annual Conferences on China’s Economic Development and U.S.-China Economic Relations is available here. For more information, please contact Kyle Renner at iiep@gwu.edu or 202-994-5320.

Schedule of Events

November 11, 2016

8:00 – 8:50AM Coffee and Continental Breakfast

8:50 – 9:00AM Welcome and Overview of the Conference

  • Stephen Smith, Director, Institute for International Economic Policy (IIEP), Professor of Economics and International Affairs, GWU

9:00 – 11:00AM Panel 1: The Future of Trade Integration in the Asia Pacific

Moderated by IIEP affiliate Steve SuranovicProfessor of Economics and International Affairs, The George Washington University

  • Jeff Schott, Peterson Institute for International Economics, “Will the US Invest in or Divest from Asia-Pacific Economic Integration?” 
  • Michael Plummer, JHU, “Megaregionalism in the Asia-Pacific and Options for Shared Chinese-US Leadership”
  • Jiandong Ju, Shanghai University of Finance & Economics, “Huaxia Community: A FTA and a New Architecture for the Global Economic System”

11:00 – 11:15AM Coffee Break

11:15 – 12:45PM Panel 2:The Internet in China’s Economy

Moderated by IIEP affiliate Susan Aaronson, Research Professor of Intenrational Affairs, The George Washington University

  • Hong Xue, Beijing Normal University, “Chinese Electronic Commerce Law: the New Basic Law for Digital Economy”
  • Jingting Fan, UMD, “The Alibaba Effect: Spatial Consumption Inequality and the Welfare Gains from e-Commerce”
  • Maggie Chen, George Washington University, “International Trade on the Internet: Evidence from Alibaba”

12:45 – 2:00PM Lunch

2:00 – 3:30PM Panel 3: Trade, Migration, and Wage Premium in China

Moderated by IIEP affiliate Joseph PelzmanProfessor of Economics and International Affairs, The George Washington University

  • Chao Wei, George Washington University, The Short and Long of Trade and Migration Reforms in China (joint with Xiaodong Zhu)
  • RuiXue Jia, UCSD, “Access to Elite Education, Wage Premium, and Social Mobility: The Truth and Illusion of China’s College Entrance Exam”
  • Eunhee Lee, University of Maryland at College Park, “Trade, Inequality, and the Endogenous Sorting of Heterogeneous workers”
3:30 – 4:00PM: Coffee Break

4:00 – 5:30PM  Panel 4: China’s Macroeconomy, Urban Growth and Policy Analysis

Moderated by IIEP affiliate Remi Jedwab, Professor of Economics and International Affairs, The George Washington University

  • Zheng LiuFederal Reserve Bank of San Francisco (also affiliated with the Shanghai Advanced Institute of Finance),“Reserve Requirements and Optimal Chinese Stabilization Policy”
  • Matthew TurnerBrown University, “Highways, Market Access and Urban Growth in China”
  • Kai ZhaoUniversity of Connecticut, “The Chinese Saving Rate: Productivity, Old Age Support and Demographics

Climate Change and the World Trading System

Dr. Steve Charnovitz – GWU

Gary Clyde Hufbauer and Jisun Kim – Peterson Institute

View the paper here.

This event was made possible by a generous grant from an anonymous donor. It is a discussion of the book Climate Change and the World Trading System, co-authored with Cary Clyde and Jisun Kim (Peterson Institute).

Friday, September 18, 2009

12:00 to 2:00pm

 

Suite 601M
1957 E St NW
Washington, DC 20052