Showing posts with label WTO Law. Show all posts
Showing posts with label WTO Law. Show all posts

Monday, July 2, 2012

Lenz Blog and Renewable energy subsidies

It was encouraging to be personally referred to by Prof.Karl-Friedrich Lenz in his blog Lenz Blog referring to few of my questions on Feed in Tariffs and WTO law. His analysis on the German FIT is very interesting and raises pertinent questions about renewable energy subsidies and WTO law compatibility in the wider context of climate change and trade rules. His blog piece on the issue  is here.


Sunday, February 19, 2012

WTO law is simple

Multilateral trade rules are contained in a series of Agreements that would be a lawyer's delight. I was going through the Agreement Establishing the WTO. The wording of Article X relating to Amendments caught my attention:


" ... If consensus is reached, the Ministerial Conference shall forthwith submit the proposed amendment to the Members for acceptance. If consensus is not reached at a meeting of the Ministerial Conference within the established period, the Ministerial Conference shall decide by a two-thirds majority of the Members whether to submit the proposed amendment to the Members for acceptance. Except as provided in paragraphs 2, 5 and 6, the provisions of paragraph 3 shall apply to the proposed amendment, unless the Ministerial Conference decides by a three-fourths majority of the Members that the provisions of paragraph 4 shall apply."
Simple? To understand this provision, you need to decipher paragraphs 2,3, 5,6 and 4 and the various provisos therein.