DONALD TRUMP, TPP, NAFTA AND INTERNATIONAL INVESTMENT LAW: TIME TO PANIC OR TIME FOR HOPE?

Abstract

When newly elected President Donald Trump took the office he almost immediately, with a stroke of a pen, withdrew the US from Trans Pacific Partnership (TPP) and vowed to do the same with North American Free Trade Agreement (NAFTA). Given the magnitude and the significance of both of these treaties not only for international trade, but also for international investment, the urgency of such decisions seem unprecedented. This article examines potential impact of these developments on international investment law regime in the broader context of globalization issues.