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Good Faith Recognition and Enforcement of Arbitral Awards as a Criterion for Eligibility Under the United States Generalized System of Preferences

Published online by Cambridge University Press:  28 February 2017

Theodore R. Posner
Theodore R. Posner*
Affiliation:
Partner, International Arbitration Group, Weil, Gotshal & Manges LLP, Washington, DC
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Abstract

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Type
Sanctions in International Investment Law
Information
Proceedings of the ASIL Annual Meeting , Volume 106 , 2012 , pp. 125 - 129
Copyright
Copyright © American Society of International Law 2012

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References

1 Proc. No. 8788, 77 Fed. Reg. 18, 899 (Mar. 29, 2012).

2 Treaty Concerning the Reciprocal Encouragement and Protection of Investment, U.S.-Arg., Nov. 14, 1991, S. Treaty Doc. No. 2 (1993) (United States-Argentina Bilateral Investment Treaty), available at http://tcc.export.gov/Trade_Agreements/All_Trade_Agreements/exp_000897.asp.

3 Compañía de Aguas del Aconquija Sa and Vivendi Universal Sa v. Argentina, ICSID Case No. Arb/97/3.

4 National Grid pic v. Argentina, Ad Hoc Arb. (Uncitral Rules).

5 Pub. L. No. 93-618, Title V, 88 Stat. 1978 (Jan. 3, 1975) (codified at 19 U.S.C. § § 2461-2467).

6 19 U.S.C. § 2462(b)(2).

7 19 U.S.C. § 2462(d)(2).

8 The proclamation was published on March 29, 2012.

9 According to the U.S. International Trade Commission’s Tariff and Trade DataWeb.

10 See Continental Cas. Co. v. Argentina, Decision on Applications for Annulment, ICSID Case No. Arb/03/9 (Sept. 16, 2011).

11 120 Cong. Rec. S21.457 (Dec. 13, 1974).

12 CMS Gas Transmission Co. v. Argentine Republic, Decision of the Ad Hoc Committee on the Application for Annulment of the Argentine Republic, ICSID Case No. ARB/01/8 (Sept. 25, 2007).

13 2009 GSP Annual Review, Case Nos. 001-CP-09 & 002-CP-09, Pre-Hearing Brief of Argentina 4 (Sept. 2, 2010), afhttp://www.regulations.gov/#!documentDetail;D=USTR-2009-0015-0050 (“As repeatedly explained, what Argentina requires is that the creditors of final ICSID awards must follow those same administrative formalities applicable for the recognition and enforcement of final decisions of Argentine courts.”).

14 Id. at 4-5.

15 Transcript of Public Hearing for U.S. Generalized System of Preferences (GSP) 2009 Annual Review for Country Practices, at 117-18 & 169-70 (Sept. 28, 2010), at http://www.regulations.gov/#!documentDetail;D=USTR-2009-0015-0077.

16 Differential and More Favourable Treatment, Reciprocity and Fuller Participation of Developing Countries, Decision of 28 Nov. 1979, L/4903.

17 Appellate Body Report, European Communities—Conditions for the Granting of Tariff Preferences to Developing Countries, para. 129, WT/DS246/AB/R (Apr. 20, 2004).