{"id":414171,"date":"2010-03-10T13:50:31","date_gmt":"2010-03-10T18:50:31","guid":{"rendered":"http:\/\/worldtradelaw.typepad.com\/ielpblog\/2010\/03\/international-trade-in-natural-resources.html"},"modified":"2010-03-10T13:50:31","modified_gmt":"2010-03-10T18:50:31","slug":"international-trade-in-natural-resources","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/414171","title":{"rendered":"International Trade in Natural Resources"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">The WTO Secretariat is currently preparing the World Trade Report 2010. This year&#39;s topic is trade in natural resources, covering fuels, mining, fish, and forestry. Further information about the WTR is provided at: <a href=\"http:\/\/www.wto.org\/english\/res_e\/publications_e\/wtr10_ruta_e.htm\"><span style=\"COLOR: windowtext; mso-bidi-font-size: 12.0pt\">http:\/\/www.wto.org\/english\/res_e\/publications_e\/wtr10_ruta_e.htm<\/span><\/a>.&#0160; <o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\"><\/span>&#0160;<\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">The WTO has sought input from the general public by organizing a discussion on the topic on the WTO website (see <a href=\"http:\/\/www.wto.org\/english\/res_e\/publications_e\/wtr10_e.htm\"><span style=\"COLOR: windowtext; mso-bidi-font-size: 12.0pt\">http:\/\/www.wto.org\/english\/res_e\/publications_e\/wtr10_e.htm<\/span><\/a>). <\/span><span style=\"FONT-FAMILY: Tahoma; FONT-SIZE: 10pt\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\"><\/span>&#0160;<\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">They are also keen to engage the international economic law community and suggested a discussion on this Blog; they will closely follow the discussions and might publish them on the WTO website. <o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\"><\/span>&#0160;<\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">This is surely a timely topic, and for all I know, there is little written on the subject by international trade lawyers. <\/span><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">In the course of this discussion, I will be raising several key questions, but also hope many others will join in the debate with their own questions as well as perspectives. <o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\"><\/span>&#0160;<\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">So let\u2019s start with&#0160;our first question: to what extent are WTO rules relevant to trade in natural resources? Related to this: <o:p><\/o:p><\/span><\/p>\n<ol start=\"1\" type=\"1\">\n<ol start=\"1\" type=\"a\">\n<li class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level2 lfo1; tab-stops: list 72.0pt\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">what makes trade in natural resources different from trade in other products?<o:p><\/o:p><\/span><\/li>\n<li class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level2 lfo1; tab-stops: list 72.0pt\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">what do we mean by trade in natural resources anyway \u2013 i.e. at what point does a natural resource cease to be a natural resource and become a tradable product, and does this matter in legal terms? <o:p><\/o:p><\/span><\/li>\n<\/ol>\n<\/ol>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">Let me start off by offering&#0160;some&#0160;general thoughts on this just to stimulate discussion. <o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\"><\/span>&#0160;<\/p>\n<p class=\"MsoNormal\" style=\"MARGIN: 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 10pt\">In an article I published in 2003 (I have to admit immediately that my views on one key issue have changed since), I distinguished between access to markets (producers\u2019 interests) and access to supplies (consumers\u2019 interests) and concluded that (1) the major issue in the natural resources sector (e.g. crude oil) is access to supplies rather than to markets; (2) the GATT\/WTO system is designed to advance market access more than access to supplies; and (3) the trading system will need to undergo radical changes in order to address issues of supply access. <\/span><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?a=mJAb1ws4Qlc:BNwlhNVdKKY:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?a=mJAb1ws4Qlc:BNwlhNVdKKY:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?a=mJAb1ws4Qlc:BNwlhNVdKKY:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?i=mJAb1ws4Qlc:BNwlhNVdKKY:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?a=mJAb1ws4Qlc:BNwlhNVdKKY:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?a=mJAb1ws4Qlc:BNwlhNVdKKY:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ielpblog?i=mJAb1ws4Qlc:BNwlhNVdKKY:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/ielpblog\/~4\/mJAb1ws4Qlc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The WTO Secretariat is currently preparing the World Trade Report 2010. This year&#39;s topic is trade in natural resources, covering fuels, mining, fish, and forestry. Further information about the WTR is provided at: http:\/\/www.wto.org\/english\/res_e\/publications_e\/wtr10_ruta_e.htm.&#0160; &#0160; The WTO has sought input from the general public by organizing a discussion on the topic on the WTO website [&hellip;]<\/p>\n","protected":false},"author":6158,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-414171","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/414171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6158"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=414171"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/414171\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=414171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=414171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=414171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}