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Most-favored-nation language is not part of the future model that we strive to create here in Michigan.
Topics addressed by the volume's 11 chapters include sources of international investment law; the role of soft law in international law; the effectiveness of soft law instruments in international investment law; soft law instruments in environmental, commercial, and GATT/WTO law as potential models; learned lessons from the evolution of investment protection based on public international law treaties; and the relative "ripeness" for codification of principles of expropriation and most-favored-nation status.
Critics with objections to normalizing trade with Russia cite abuse of food safety regulations, Russian restrictions on international automobile trade, and a lack of adequate intellectual property rights protections as reasons not to grant unconditional most-favored-nation status as required by all WTO members.
The condition imposed by the committee also makes reservation for future exceptions to at least three JPEPA articles dealing with national treatment, most-favored-nation treatment and prohibition of performance requirements,'' she said.
Observers date the latest round of religious/business tensions to the mid-1990s disagreement over whether to continue Chinas most-favored-nation trading status.
Some might fear that this head-start for these countries might undermine efforts to reduce most-favored-nation (MFN) protection.
The treaty sets forth legal protection for foreign investment in the energy sector, such as most-favored-nation treatment and equal national treatment, and provides for nondiscriminatory trade access in the sector, including applying multilateral rules to trade between members and nonmembers of the World Trade Organization.
Most-favored-nation status in the WTO is based on giving all members treatment equivalent to the best treatment afforded any individual WTO member, said Brad Smith, managing director of international relations for the American Council of Life Insurers.