Negotiations to clarify and improve WTO disciplines on TSRs are part of the work of the Negotiating Group on Rules, which reports to the Trade Negotiations Committee. Policymakers are aware of the need for regional trade agreements to be consistent with multilateral rules and the need for coherence between regional agreements and between regional and multilateral systems. Some countries are even negotiating ART with the explicit intention of setting a precedent for the development of future multilateral rules, while others see further action in regional partnerships as a way to complement the multilateral system. In both cases, we speak of “multilaterally friendly” practices that can help promote convergence. Member countries benefit from trade agreements, including the creation of new employment opportunities, lower unemployment rates and market expansion. Since trade agreements are usually accompanied by investment guarantees, investors wishing to invest in developing countries are protected from political risks. In cooperation with partners such as the WTO and the OECD, the World Bank Group informs and supports client countries wishing to sign or deepen regional trade agreements. Specifically, the World Bank Group`s work includes: To the extent that CAs GO beyond WTO commitments and remain open to additional participation by countries that commit to complying with their standards, they can complement the multilateral trading system. Over the years, the OECD has examined the relationship between regional trade agreements and the multilateral trading system, including with regard to specific policy areas covered by RTA provisions, such as the treatment of agricultural issues, technical regulations, standards and conformity assessment procedures, investment provisions affecting international technology transfer, the evolution of the integration of environmental considerations and approaches to market opening in the field of the environment. digital AG. e – to name a few. Document search online General documents on regional trade agreements are coded as WT/REG/*.
As part of the Doha Agenda trade negotiating mandate, they use TN/RL/* (where * assumes additional values). These links will open a new window: leave a moment for the results to appear. Regional trade agreements refer to a treaty signed by two or more countries to promote the free movement of goods and services across the borders of its members. .