Giorgio Sacerdoti to Issue Ruling on Trade Dispute Between EU and Ukraine
CAMPUS |

Giorgio Sacerdoti to Issue Ruling on Trade Dispute Between EU and Ukraine

THE BOCCONI ACADEMIC AND TWO OTHER ARBITRATORS MUST SAY WHETHER UKRAINE'S DECISION TO BLOCK EXPORTS OF TIMBER TO THE EU GOES AGAINST THEIR ASSOCIATION AGREEMENT



Giorgio Sacerdoti, Bocconi University Emeritus and member of the WTO Appellate Body from 2001 to 2009, was asked by the European Commission to join the arbitration panel (along with Swiss Christian Häberli and Ukrainian Victor Muravyov) that will rule on a dispute relating to the block of timber exports from Ukraine to EU members. The arbitral body was constituted on the basis of the EU-Ukraine Association Agreement.

"My appointment to this position is based on my expertise in the field of international trade law as a former judge of the Appellate Body of the WTO, which today is unfortunately paralyzed by the US veto on new judicial appointments," Sacerdoti explains. "It is the first time that the European Union has decided to follow an arbitration procedure on the basis of a bilateral agreement, in order to challenge a partner's trade restrictions which it considers in violation of the obligations of the agreement. If the arbitration panel decides against it, Ukraine will have to retract its decision."

According to the Association Agreement, the arbitration procedure will have to be concluded in 150 days, i.e. by the end of June, and hearings - open to the public - will be held in Kiev.
 

by Davide Ripamonti
Translated by Alex Foti


Latest Articles Campus

Go to archive
  • # DearBocconiansInAction ... by Gianluca Verdicchia

    As a temporary volunteer of the Italian Red Cross, Gianluca donates smiles by reading fairy tales to children and delivering medicine to the elderly. In these moments he says you are the most important person in the world for those in front of you. And the fear of being infected is gone

  • Three Experts from the University in the Ministry Task Force Against Covid19

    The Ministry for Technological Innovation and Digitization has involved Marco Bassini, Carlo Alberto Carnevale Maffe' and Simone Piunno to identify data driven technological solutions to deal with the coronavirus emergency

  • #DearBocconiansInAction... from a Law Student

    A volunteer for the Italian Red Cross in Bergamo, this student who prefers to remain anonymous, launches an appeal: do not simply stay at home but stay close to others through technology, and help whoever you can. To share your experience, write to stampa@unibocconi.it

Events

Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30