15 November 2017
Since the creation of the World Trade Organization (WTO) in 1995, over 400 agreements covering trade in goods or services have been entered into between WTO members, with many more still being negotiated. These include the Trans-Pacific Partnership (TPP) Agreement, the Regional Comprehensive Partnership Agreement (RCEP), the Pacific Alliance in Latin America, and the Tripartite Agreement in Africa. The intention is clear: to eliminate tariff and non-tariff barriers, liberalise international trade, widen market access, and strengthen investment protection and liberalisation.
This article has been reproduced with permission from Thomson Reuters. It was first published on 14 October 2017.