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International Economic Agreements and the Rule of Law - the case of the Transatlantic Trade and Investment Partnership (TTIP)

Global Rule of Law Exchange Evening Discussion

13th October 2015

THIS EVENT IS NOW FULLY BOOKED

Time: 17:30-19:00 (registration opens 17:00).

The event will be followed by a drinks reception.

Venue: Jones Day, 21 Tudor Street, London, EC4Y 0DJ

The United States and the European Union are currently engaged in negotiations on the Transatlantic Trade and Investment Partnership (TTIP). TTIP primarily aims to align regulation and remove non-tariff barriers between the two blocs. It also includes a chapter on the treatment of foreign investment and establishes a dedicated regime of ad hoc arbitration for the settlement of investor-State disputes. If concluded, TTIP will become a landmark agreement between two of the world's biggest and richest economic powers.

Supporters of TTIP argue that it will unleash prosperity and economic development on both sides of the Atlantic. Opponents, however, question those economic predictions and raise a number of concerns related to the rule of law, including the lack of transparency with which negotiations have been undertaken and the role of specialised investor-State dispute settlement (ISDS) mechanisms, like arbitration, in regulating relations between investors and the states in which they invest. Opponents further contend that TTIP may lead to lowering health, food and agriculture standards in Europe.

Panellists will convene to discuss TTIP as it relates to the rule of law, and will consider among other things:

  • Rule of Law and Accountability in the negotiation of economic agreements - what is the role of parliaments in overseeing TTIP, and what kind of national accountability mechanisms are in place? What redress mechanisms are built-in within these agreements generally, and how do these relate/not to the rule of law?
  • The effect of Investor-State Dispute Settlement (ISDS) and ad hoc arbitral tribunals on rule of law, and the place of the Judiciary in dispensing justice.
  • Costs and benefits, winners and losers, and implications for the UK.
  • The impact of treaty-based ISDS on developing countries with which Europe is also presently negotiating economic agreements that include investment chapters.

Panellists

  • Ruth Bergan, Coordinator, The Trade Justice Movement
  • Andrew Coop, Senior Legal Adviser, EU and International Trade, Department for Business, Innovation & Skills
  • Dennis Novy, Associate Professor, Department of Economics, University of Warwick, UK
  • Baiju Vasani, Partner, Jones Day

Chair

  • N. Jansen Calamita, Director, Investment Treaty Forum

Download the Event Flyer

Registration

This event is now fully booked.

Reserve List: To be added to the Reserve List, please contact the BIICL Events team. You will be contacted nearer to the event date if places become available.

This event is jointly organised by the Bingham Centre for the Rule of Law, the BIICL Investment Treaty Forum (ITF) and Global Partner, Jones Day.

Event convened by Mat Tromme, Senior Research Fellow in Development and the Rule of Law.

CPD Accreditation

This event is accredited with 1.5 CPD hours

Contact

If you have any queries, please contact the Events team

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Event Cancellation Policy

Cancellation by us

The British Institute of International and Comparative Law reserves the right to modify or cancel any event if unforeseen circumstances arise. If we cancel an event we shall inform you as soon as possible using the contact details provided to us and offer you a full refund.

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Payment for registration will always be required, and must be made prior to the event. If sufficient written notification of cancellation is received, a full refund will be given. If insufficient notice is given, payment for your registration will still be required.

No charge events

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