1. The Origins of Plurilateralism in International Trade Law
- Author
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Meredith Kolsky Lewis
- Subjects
Liberalization ,business.industry ,World trade ,International trade ,International law ,Investment (macroeconomics) ,Multilateralism ,International trade law ,Political science ,Political Science and International Relations ,Variable geometry ,Business and International Management ,Current wave ,business ,Law ,General Economics, Econometrics and Finance - Abstract
This draft article is forthcoming in the Journal of World Investment & Trade. The article examines the historical experience with and understanding of plurilateral trade agreements throughout the General Agreement on Tariffs and Trade (GATT) and World Trade Organization (WTO) to better contextualise assessments of the continued viability of the single undertaking and the recent resurgence of plurilateralism in international trade law. Plurilateral agreements have been playing a significant role in international trade relations for the past fifty years. As such, the current wave of plurilateral agreements does not represent a seachange in approach to trade liberalisation, but rather a continuation of a process that originated many decades ago. Further, while the WTO agreements are multilateral in thatthey apply to all members, they can also l be seen as plurilateral in that not all WTO members have identical responsibilities under such agreements. The article concludes that plurilateralism and multilateralism have much in common, and hence may be mutually supportive rather than binary choices.
- Published
- 2019
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