World Trade Organization Regional Trade Agreements Information System

Apr 16th, 2021 | By | Category: Uncategorized

Many ATRs contain elements that deepen regulatory cooperation and new market opportunities are created, even as participants address structural barriers in their own economies. Next-generation RTAs are working to go further. Countries wishing to participate in and benefit from global markets must increasingly integrate trade and investment measures into their broader national structural reforms. Indeed, countries may be able to use the current and future negotiations on the “beyond the border” regime as the engine of desired internal political reforms. The major structural question of whether, when and how to multilateralize the provisions in atRs is above all a political issue that governments must address. The RTA-IS database contains information on RTAs that have come into force that have been notified or for which a notification has been made to the WTO. The United Nations Statistical Database on Trade in Services provides users with transnational data on trade in services using the Classification of Extended Balance of Payments Services (EBOPS). The database covers 198 countries from 2000. From 1960, DataBank provided users with chronological data on trade and investment for all 188 world Bank member countries. The data include trade flows, tariffs, terms of trade and foreign direct investment.

The Organization of American States` SICE database contains information on trade policy in North and South America, including comprehensive drafts of trade agreements applicable to the 34 OAS member countries, new and ongoing trade developments, information on national trade laws and links to international sources of information , regional and national trade policy. Today, ATRs are evolving in a way that goes beyond existing multilateral rules. The areas that cover them – investment, capital and people, competition and state-owned enterprises, e-commerce, anti-corruption and intellectual property rights – are key policy issues that need to be addressed in today`s more interconnected markets. Mega-regional initiatives are of a completely new scale and allow preferential access to Member States` markets by attempting to conclude 21st century trade agreements with deep and comprehensive market integration. In 2006, WTO members agreed to put in place an interim mechanism to increase the transparency of ATRs and to understand their impact on the multilateral system. As part of this process, WTO members inform the WTO of their ATRs and these are discussed as broadly wto membership, based on a substantive presentation drawn up by the WTO secretariat. Meanwhile, preferential trade agreements (EPAs) refer to unilateral trade privileges such as the Generalized Preference System (GSP) and non-reciprocal preferential programmes implemented by some WTO members for products from developing and least developed countries. Information on preferential trade regimes notified to the WTO is available in the PTA database.

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