Wto Regional Trade Agreements Gateway

26 The WTO agreement refers to the Marrakesh agreement establishing the World Trade Organization, concluded as part of the final act of Uruguay`s trade round, signed by ministers on 15 April 1994 in Marrakech. The way in which free trade agreements are designated may also be different. Most free trade agreements are designated by listing the participating countries and adding the term “FTA.” For example, the Canada-Korea Free Trade Agreement. However, some free trade agreements are called under different names. For example, the Canada-EU free trade agreement is referred to as a comprehensive economic and trade agreement. Other countries call their trade agreements Economic Partnership Agreements (EPAs) or Global Economic Partnerships (CEPs). Other variants are also used. A regional trade agreement (RTA) is a treaty between two or more governments that sets the trade rules for all signatories. Examples of regional trade agreements include the North American Free Trade Agreement (NAFTA), the Central American-Dominican Free Trade Agreement (CAFTA-DR), the European Union (EU) and the Asia-Pacific Economic Cooperation (APEC). All members of the World Trade Organization (WTO) are signatories to the GATS and must assume the obligations that flow from it. Similarly, in accordance with Article XIX of the GATS, they commit to further negotiations on trade liberalization.

The first round of this type began in January 2000 and was soon integrated into the broader context of the Doha Development Agenda (DDP). 73 If the harmonization of the rules on CTOs and SPS only includes the “removal” of restrictive trade rules, without creating new rules, we can consider that restrictive trade rules will be repealed as part of the elimination of orRC in accordance with Article XXIV:8. As has already been said, these are rules under which a country unilaterally offers preferential rights to another country or group of countries. The country that offers preference removes or reduces import duties on imports from these countries without the same preferences. These rules generally focus solely on trade in goods. 51 Appellate Body, Turkey-Textiles, 23, para. 62. The appellate body does not say that an ATR should avoid a “commercial reorientation”. The “trade diversion” effect that the EC and Turkey wanted to avoid can lead to efficiency gains for the global economy, as textiles and clothing products from third countries are sold on the EU market. 99 The Turkey and Textiles appeal body justified this sigh by the fact that Turkey could have adopted rules of origin for textiles and clothing products as a “reasonable alternative”, instead of imposing quantitative restrictions on the importation of textile and clothing products by third parties, in order to avoid possible diversion of trade and to establish a customs union.

See Appellate Body Report, Turkey-Textiles, supra note 23, margin. 62. 16 The term “restricting trade” refers to the limitation of cross-border trade, which not only has “cold” effects on trade between the parties to the ATRs. See Lockhart and Mitchell, top 7. In collaboration with partners such as the WTO and the OECD, the World Bank Group provides information and support to countries wishing to sign or deepen regional trade agreements. In practical terms, the work of the WBG includes 50 Ibid. The appeal body did not specify that the rules of origin would impose control of goods between Turkey and the EC and undermine the objective of “free movement” in a customs union. See Trachtman, supra note 4, at 475.

Nor is there any question of the fact that complex or overly restrictive preferential rules have the effect of excluding products from the whole of trade liberalization.

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