World Trade Organization: Indian Perspectives Headline Animator

Sunday, November 23, 2008

GNLU Moot Court on International Trade Law

Dear All,

The Gujarat National Law University is organizing a moot court competition which deals with the hitherto unexplored area of business process outsourcing under international trade in services.

The moot problem addressing the need to understand international trade concerns in services in the broader canvass of privacy protection and international relations encompasses the above.

It revolves around a contemporary issue of leak of sensitive data from business process outsourcing units. The fundamental debate borders on one question. How much protection should a country exporting such information to the recipient state exercise without the same becoming a technical barrier to trade in services?

The International Court of Justice is the forum for this fictional dispute involving a developing and developed nation.

For the Compromis click here

Why international trade lawyers love recession?

Recession brings mixed fortunes for lawyers.
While some lawyers specially ones working on areas like capital markets are having a hard time, it is boom time for international trade lawyers.
An economic low is always good news for an international trade lawyer. Industries which would normally be happy competing with foreign exports when the economy is on an upward curve, seek protection to ensure they are able to survive with profitable margins in their home market. With the emergence of anti dumping as an instrument of protectionism, this often translates into a higher number of applications by the domestic industry for initiation of anti dumping duty investigations. Of course the international trade lawyers are the necessary link in this chain, which translates into more income for the lawyers.
No matter how bad any economic situation is, it seems some lawyer in some part of the world is inevitably laughing all the way to the bank.