Free Trade Agreements and Natural Resources

Junji Nakagawa ()
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Junji Nakagawa: University of Tokyo

Chapter Chapter 8 in Emerging Issues in Sustainable Development, 2016, pp 185-210 from Springer

Abstract: Abstract This chapter focuses on the provisions of FTAs on natural resources. Natural resources have several unique economic characteristics, including their uneven geographical distribution, exhaustibility and market volatility, and these characteristics often motivate policy intervention in trade and investment in natural resources, such as export taxes, export restrictions and subsidies. As the rules of the WTO law are inadequate in disciplining some of these policy interventions, some FTAs try to fill the gap through trade- and/or investment related provisions focusing on natural resources. The chapter explores the compatibility of such provisions of FTAs on natural resources with the WTO law, and their implications in international trade and investment law. Rather than conducting a comprehensive survey, it takes up several FTAs in the Asia Pacific region that has specific chapters on energy and mineral resources. Finally, it analyzes provisions of the TPP (Trans-Pacific Partnership) on fisheries subsidies.

Keywords: Free trade agreements (FTAs); Natural resources; Export restrictions; Export taxes; Fisheries subsidies; Trans-Pacific Partnership (TPP) (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eclchp:978-4-431-56426-3_8

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DOI: 10.1007/978-4-431-56426-3_8

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