Are the Rotterdam Rules likely to enter into force on a widespread basis?
Sixteen states, including Denmark, France, Greece, Holland, Norway, Spain, Switzerland and the USA “signed” the Rules at the UN Ceremony in Rotterdam on 23 September. Signature signifies an intention to “ratify, accept or approve” in due course. The USA has been particularly vocal in support of the Rules and is committed to getting other states to follow its lead. If the initial sixteen states go on to ratify the Rules then many other important trading states will probably follow. China has also been making positive noises about ratifying the Rules.
