Flexibility in International Economic Law vs. Pacta Sunt Servanda

Sieber-Gasser, Charlotte

doi:10.1007/978-3-030-69154-7_9

Cited by 1 publication

(1 citation statement)

References 18 publications

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“…65 For example, if discriminatory values against the importation of specific goods (or reduction of this industry's capacity in one country while being increased in another) are based on an AI product classification system, the international trade regime is likely to face severe challenges. 66 To sum up, though the use of AI in the global trade sphere grants remarkable opportunities for its advancement, a multi-faceted approach for balancing these prospects should be adopted. This approach includes different measures related to the investments in education and skill development, promotion of innovation and technology transfer in the domain of international trade and moves to ensure proper regulation and transparency in the AI development and use in trade.…”

Section: Trade Barriers and Discriminatory Practicesmentioning

confidence: 99%

The Intersection of Artificial Intelligence and International Trade Laws: Challenges and Opportunities

Khan

2024

IIUMLJ

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Artificial Intelligence (AI) is reshaping international trade, presenting both challenges and opportunities for existing global legal frameworks. This research explores the intersection of AI and international trade laws, focusing on key areas such as data protection, intellectual property rights (IPR), trade barriers, and regulatory harmonisation. The cross-border flow of data in trade activities raises concerns about privacy and data protection, necessitating the balance between trade liberalisation and regulatory compliance. Moreover, the emergence of AI-generated intellectual property assets poses novel questions regarding ownership, liability, and enforcement mechanisms. Discriminatory practices and trade barriers fueled by AI-driven automation and predictive analytics threaten market access and fair competition. Harmonising regulatory approaches to AI governance is imperative to promote interoperability, innovation, and market integration. Despite these challenges, AI offers significant opportunities to enhance trade facilitation, efficiency, and dispute resolution mechanisms. Embracing AI technologies can streamline supply chains, reduce transaction costs, and expedite customs procedures. Additionally, AI-driven dispute resolution mechanisms offer innovative solutions to resolve trade disputes promptly and efficiently. To address these complexities, policymakers must enhance data governance frameworks, promote IPR harmonisation, and foster regulatory cooperation at both domestic and international levels. By embracing the transformative potential of AI while upholding fundamental principles of fairness and transparency, stakeholders can build a more resilient and inclusive global trading system. The qualitative research methodology has been applied to the following article.

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Section: Trade Barriers and Discriminatory Practicesmentioning

confidence: 99%

The Intersection of Artificial Intelligence and International Trade Laws: Challenges and Opportunities

Khan

2024

IIUMLJ

View full text Add to dashboard Cite

show abstract

Flexibility in International Economic Law vs. Pacta Sunt Servanda

Cited by 1 publication

References 18 publications

The Intersection of Artificial Intelligence and International Trade Laws: Challenges and Opportunities

The Intersection of Artificial Intelligence and International Trade Laws: Challenges and Opportunities

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