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Max Planck Encyclopedia of International Procedural Law [MPEiPro]

Binational Panel Review: North American Free Trade Agreements (NAFTA and USMCA)

John S Baker, Lindsey Keiser

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 07 October 2022

Applicable law

Published under the direction of Hélène Ruiz Fabri, with the support of the Department of International Law and Dispute Resolution, under the auspices of the Max Planck Institute Luxembourg for Procedural Law.

1 As global society has become more interconnected, there has been an interest in and a desire to unify and harmonize the laws within sovereign nations. The desire to harmonize has been particularly prevalent with commercial laws, where unification and harmonization have been seen as mechanisms for enhancing trade. 2 Efforts at harmonization and unification of commercial law have been developing since the 19th century (Nakagawa, 2011). Since the 1980s, the efforts at harmonization and unification have increased particularly through bilateral and regional trade...
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