Disintegration of the World Trading System? How Should the EU Respond?
Dates:
- Tue 04 Feb 2020 14.30 - 16.30
Add to Calendar
2020-02-04 14:30
2020-02-04 16:30
Europe/Paris
Disintegration of the World Trading System? How Should the EU Respond?
Abstract:
The governance crises in the World Trade Organization (WTO) and the disruption of multilateral trade and environmental agreements by the United States (US) risk provoking a breakdown of the WTO legal, dispute settlement and negotiation systems with adverse repercussions for climate change prevention and the UN sustainable development goals. This lecture discusses the political and economic drivers of these crises (Anglo-Saxon neo-liberalism, US mercantilism, China’s totalitarian state-capitalism, trade conflicts over ‘green protectionism’ and carbon mitigation policies). How should the European Union respond to these systemic challenges in order to comply with its foreign policy mandates (e.g. in Articles 3, 21 Lisbon Treaty)? Can the EU exercise leadership for ordo-liberal trade policy reforms, multilateral ‘green deals’ and for human rights protection in a more decentralized world trading system?
About the speaker:
Ernst-Ulrich Petersmann is Emeritus Professor of International and European law and former Head of the Law Department of the European University Institute (EUI), Florence. During the last 40 years, he has combined teaching of European and international law at numerous universities in Germany, Switzerland, Italy, the USA, South Africa, China and India with legal practice as legal advisor in the German Ministry of Economic Affairs, representative of Germany in UN, NATO and European institutions, legal counsellor in GATT, legal consultant for the EU, OECD, UNCTAD and the WTO, and secretary, member of chairman of numerous GATT/WTO dispute settlement panels.
Discussant:
Bernard Hoekmann - Professor and Director, Global Economics at the Robert Schuman Centre for Advanced Studies, European University Institute
Sala del Camino - Villa Salviati- Castle
DD/MM/YYYY
Sala del Camino - Villa Salviati- Castle
Abstract:
The governance crises in the World Trade Organization (WTO) and the disruption of multilateral trade and environmental agreements by the United States (US) risk provoking a breakdown of the WTO legal, dispute settlement and negotiation systems with adverse repercussions for climate change prevention and the UN sustainable development goals. This lecture discusses the political and economic drivers of these crises (Anglo-Saxon neo-liberalism, US mercantilism, China’s totalitarian state-capitalism, trade conflicts over ‘green protectionism’ and carbon mitigation policies). How should the European Union respond to these systemic challenges in order to comply with its foreign policy mandates (e.g. in Articles 3, 21 Lisbon Treaty)? Can the EU exercise leadership for ordo-liberal trade policy reforms, multilateral ‘green deals’ and for human rights protection in a more decentralized world trading system?
About the speaker:
Ernst-Ulrich Petersmann is Emeritus Professor of International and European law and former Head of the Law Department of the European University Institute (EUI), Florence. During the last 40 years, he has combined teaching of European and international law at numerous universities in Germany, Switzerland, Italy, the USA, South Africa, China and India with legal practice as legal advisor in the German Ministry of Economic Affairs, representative of Germany in UN, NATO and European institutions, legal counsellor in GATT, legal consultant for the EU, OECD, UNCTAD and the WTO, and secretary, member of chairman of numerous GATT/WTO dispute settlement panels.
Discussant:
Bernard Hoekmann - Professor and Director, Global Economics at the Robert Schuman Centre for Advanced Studies, European University Institute
- Location:
- Sala del Camino - Villa Salviati- Castle
- Affiliation:
- Department of Law
- Type:
- Working group
- Organiser:
-
International Law Working Group
- Speaker:
-
Prof. Ernst-Ulrich Petersmann (EUI - Law Department)
- Contact:
-
Valentina Spiga
-
Send a mail
Similar events