When we disagree with a multilateral agreement or institution, we should explain our grievances and present policy alternatives before walking away.

For the ring-fence to go up at the end of next season, this multilateral agreement would have to be signed off before the season starts.

As a result, current international investment rulemaking remains short of having a unified system based on a multilateral agreement.

This second requirement applies in the absence of any bilateral or multilateral agreement relating to the reciprocal enforcement of decisions.

A multilateral agreement may provide that it will take effect upon its ratification by less than all of the signatories.