Partner Naboth van den Broek will moderate a panel at the 2019 G2 Annual Conference on WTO and Global Economic Regulation, hosted by Georgetown Law's Institute of International Economic Law and the Graduate Institute’s Centre for Trade and Economic Integration. Widely considered one of the most important and prestigious conferences addressing developments in international economic law, the G2 Annual Conference on WTO and Global Economic Regulation pursues cutting-edge issues of interest to academics and practitioners alike.
Mr. van den Broek will moderate the panel "New Trends in Global Economic Regulation: In Search of Rule-Hegemony? From The New Financial and Digital Extraterritoriality to Regulatory Supervision and Recognition Agreements." As the WTO is losing centrality, global trade and economic regulation do not stand still. Until recently, the choice or contrast presented was often between “multilateralism” and “regionalism,” or between the WTO and preferential trade agreements. Today, however, many attempts at global regulation are better classified as either “unilateral” (from US trade, national security and financial sanctions on China, Russia and Iran, to EU competition law enforcement, the EU’s General Data Protection Regulation and attempts to tax the digital economy) or “bilateral” (think of the US-EU Privacy Shield or contractual arrangements under China’s Belt and Road Initiative). Are we moving away from traditional international organizations and treaties based on (multilateral) rules and (hard law) dispute settlement, to looser economic cooperation and connections based on pragmatism, broad supervisory discretion and reciprocal, economic needs? What are some of the new initiatives and approaches out there? To what extent are they an improvement or a step back?