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The Boundaries of Economic Diplomacy and Foreign Policy-Making

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Abstract

Functions of diplomats engaged in economic diplomacy—the role of certain documents developed by the UN in identifying the boundaries of economic diplomacy—a brief discussion of economic rights and duties of States—legally binding effect of these documents/instruments—the New International Economic Order—its impact on developing countries—interrelations between trade and development.

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Notes

  1. 1.

    See for example, the UNGA Resolution entitled Permanent Sovereignty over Natural Resources, 1962; the discussion papers of the Uruguay Round; the UNCTAD Resolution 45(III) of 18 May 1972—Proceedings of the United Nations Conference on Trade and Development, Third Session, vol I, Report and Annexes; the Doha Declarations of 2001 and 2005.

  2. 2.

    This Resolution was adopted on 12 December 1974 with 50 abstentions at the material time.

  3. 3.

    See the Text of the Resolution 3281 (XXIX) of 12 December 1974.

  4. 4.

    See the statements made before the Preamble to the Resolution.

  5. 5.

    Incidentally, the UN Charter contains both binding obligations (Article 2 or Chapters VI and VII) as well as recommendatory directions addressed to its Members.

  6. 6.

    See the Preamble to the Charter.

  7. 7.

    Ibid.

  8. 8.

    Emphasis added.

  9. 9.

    See the Preamble to the Charter.

  10. 10.

    Article 1 of the Charter.

  11. 11.

    Article 8 of the Charter.

  12. 12.

    Article 10 of the Charter.

  13. 13.

    See further C Chatterjee, International Law and Diplomacy op. cit., at 90.

  14. 14.

    UNGA Resolution 1803 (XXII) of 1962.

  15. 15.

    Emphasis added.

  16. 16.

    See further the Report of the Committee on Transnational Corporations, op. cit.

  17. 17.

    Article 18 of the Charter.

  18. 18.

    See further S K Chatterjee, “Forty Years of International Action for Trade Liberalization”, op. cit.

  19. 19.

    Article 20 of the Charter.

  20. 20.

    Article 25 of the Charter.

  21. 21.

    Article 28 of the Charter.

  22. 22.

    See further D H N Johnson, “The Effect of Resolutions of the General Assembly of the United Nations”, 32 British Year Book of International Law (1955–56) 97; but see also B Sloane, “The Binding Force of a Recommendation of the General Assembly of the United Nations” 25 British Year Book of International Law (1948) 14.

  23. 23.

    See further S K Chatterjee, “The Charter of Economic Rights and Duties of States: An Evaluation after 15 Years”, 40 International and Comparative Law Quarterly, 669 at 681.

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Chatterjee, C. (2020). The Boundaries of Economic Diplomacy and Foreign Policy-Making. In: Economic Diplomacy and Foreign Policy-making. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-49047-8_4

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