USMCA chapter curtails use of trade panels in corruption, bribery disputes

2 October 2018 2:29pm
Text of the new US-Mexico-Canada Agreement reaffirms rights and duties of the three countries to prosecute their own bribery cases that arise in trade disputes, reducing the power of a trade panel to hear such cases.

The chapter also assuages a political criticism that multilateral trade accords sometimes replace national sovereign rights with unaccountable dispute resolution panels.

Bribery cases are the domain of the signatory governments, according to the USMCA. It explicitly limits the power of the trade panels to handle corruption cases.

By Robert Thomason