Globalisation has resulted in greater economic integration with Multinational Corporations (MNCs) increasingly trading and producing through Global Value Chains (GVCs). This means that the old model predicated on the origin of goods and the disciplines aimed at reducing trade barriers at the border is outdated. Today, global trade and investment are intricately linked and behind the border measures matter as much if not more than tariff barriers. Yet, the disciplines governing trade and investment (with the exception of certain new model Free Trade Agreements (FTAs) that incorporate an investment chapter) are often found in separate legal instruments and the rules and disputes are adjudicated in separate fora.
CIL employs a multidisciplinary approach in the study of the diverse issues involving Trade and Investment Law and Policy, including the role of International Investment Agreements (IIAs) to promote investments, GVCs and the law, and the role of MNCs and Small and Medium Enterprises (SMEs). CIL’s work also includes the study of the issue of food security. CIL Head of Trade and Investment Professor Michael Ewing-Chow, in particular, was involved as the main legal counsel for the establishment of the ASEAN Plus Three Emergency Rice Reserve (APTERR) at the invitation of ASEAN and the Asian Development Bank.
The CIL team is actively engaging with regional and global institutions to raise awareness on the importance of this multidisciplinary approach to the study of Trade and Investment Law and Policy. For a complete list of our publications and participation in conferences in the region and around the world in this focus area, please click on the links below.