Using Old Tools in New Ways: The New Economic World Order

The Society's 114th Annual Meeting—and first Virtual Annual Meeting—took place June 25–26, 2020. The 2020 Annual Meeting theme, "The Promise of International Law," was an opportunity to reflect on the successes and failures of international law, while reaffirming our commitment to achieving its promise of a more just and peaceful world.

All sessions in this track sponsored by Dechert LLP

The 21st Century has witnessed a number of attempts by States to change the economic world order that had been established by the end of the 20th Century. Although the outcomes sought involve change, the international law tools being used to achieve this are not new. This session will address aspects of what is arguably the new economic world order and the old tools that States are using to further their interests, e.g., global international trade (WTO dispute settlement being weaponised to achieve broader objectives), regional international trade (CUSMA and the NAFTA denunciation/renegotiation; the African Continental Free Trade Area (AfCFTA)), the international law of foreign investment (the Multilateral Investment Court and certain capital exporting States’ reaction to being sued under BITs; the Africanisation of rule-making in BITs and regional codes), bilateral trade (China’s belt and road initiative), sanctions and trade/investment blocking (Iran, Venezuela, Huawei 5G).

Eric De Brabandere, Leiden University
Céline Lévesque, University of Ottawa (Moderator)
Kory Parkhurst, Koch Companies Public Sector, LLC
Rose Rameau, Rameau Law Firm
(Speaker organizations are shown as of June 2020)