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Comment to Chapter “Free Trade Agreements and Natural Resources”

In: Emerging Issues in Sustainable Development

Author

Listed:
  • Y. Fukunaga

    (Waseda University)

Abstract

As Professor Nakagawa’s chapter rightly points out, natural resources have “unique economic characteristics” that require a special treatment under international trade law. In particular, their exhaustible nature justifies the adoption of restrictions on their exports that are otherwise inconsistent with international trade law, for the purpose of conservation. For example, an exporting country may claim that it is justified in adopting quantitative restrictions on the exports of natural gas in order to preserve gas reserves in its territory. Or, it may try to justify the imposition of export duties on a certain raw material in order to ensure that the material is sufficiently supplied to the domestic user industry.

Suggested Citation

  • Y. Fukunaga, 2016. "Comment to Chapter “Free Trade Agreements and Natural Resources”," Economics, Law, and Institutions in Asia Pacific, in: Mitsuo Matsushita & Thomas J. Schoenbaum (ed.), Emerging Issues in Sustainable Development, chapter 0, pages 211-218, Springer.
    • Handle: RePEc:spr:eclchp:978-4-431-56426-3_9
    DOI: 10.1007/978-4-431-56426-3_9
    as

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