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bilateralism & multilateralism


Free trade agreements and the transformation of global trade
The Cancun round of WTO negotiations in Mexico last year ended in disarray, prompting countries to seek other means of freeing up trade.
My vision of China free trade role: academic
China should become the focal point of an East Asian free trade zone to rival other blocks such as the European Union and the North American Free Trade Area (Nafta), a leading academic claims.
The United States and the new regionalism/bilateralism
Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations include enhancing goods and services trade; stimulating investment flows; extending standards on intellectual property rights, labor, and the environment; and addressing geopolitical concerns.
Regionalism and the multilateral trade system
Regional trade agreements (RTAs) are an integral part of international trade, accounting for almost half of world trade and expected to grow further in the next few years. These agreements operate alongside global multilateral agreements under the World Trade Organization (WTO), and have both positive and negative effects.
Japan: Free trade with Mexico
Japan and Mexico have reached a basic accord on free trade. Japan promises to increase imports of pork, oranges and other agricultural products from Mexico, while that country says it will import more steel, automobiles and other industrial products from Japan.
Over 15 FTAs to be concluded worldwide in 2004
World nations are expected to conclude at least 15 FTAs and to initiate negotiations for more than 10 new FTAs in 2004, the Trade Research Institute (TRI) of Korea International Trade Association (KITA) projected. The TRI also predicted FTA negotiations would be active in American and Asian regions as in 2003.
Bombarded by bilateral trade and investment agreements
Bilateral agreements are made between two countries, or a grouping of countries (like the European Union) and another country. Throughout the world, many governments have signed, are negotiating, or contemplating new bilateral free trade and investment agreements.
Bilateral free trade costlier than WTO
The option of forging separate bilateral free-trade agreements (FTAs) with various countries could put the Philippines at a tighter disadvantage than it presently is under the World Trade Organization (WTO), government negotiators and economic experts admitted.
Accurate Understanding of FTAs is Essential!
The 5th World Trade Organization (WTO) Ministerial Conference in Cancun, Mexico, ended without consensus, clouding the prospects for the ongoing negotiations over the Doha Development Agenda.