ISDS Case Map
bilateralism & multilateralism
how bilateral, multilateral, regional, unilateral and plurilateral approaches relate (e.g. FTAs vis-à-vis WTO)
The WTO rules for bilateral agreements, set by Art. XXIV of GATT are currently under re-negotiation in the WTO. Below is an internal informal WTO discussion paper on these negotiations. This is an invitation to discuss this paper on the Forum of this website on "bilateralism".
The UNCTAD negotiations held in Kochi to assess the impact of trade as per the WTO regime as well as the ASEAN FTA on the local agricultural and industrial sectors, elicited inadequate response from the stakeholders.
Singapore's attitude toward free-trade agreements makes a sharp contrast with other countries in the region, such as Thailand: where Thailand has seen controversy over its proposed FTA with the United States, Singapore only seems to become more eager with time when it comes to inking FTAs with the rest of the world.
A proliferation of bilateral free trade deals in Asia risks creating a "spaghetti bowl" of overlapping measures that could actually harm companies, the head of the Asia Development Bank (ADB) said today.
Exporters are pressing the government to pursue bilateral free trade arrangements to enable them to benefit from liberalization instead of waiting until 2013 for developed countries to lift their subsidies on agricultural exports.
The competition over "mating" between countries and regions through free trade agreements is unusual. One hundred and twenty free trade agreements have been entered to date - 95 of them in the past five years. Fifteen agreements were reached last year and 37 are currently underway. Immediately after he came into office in 2001, US President George W. Bush pushed to enter free trade agreements, saying the United States was behind the European Union in making such pacts.
The Bush administration hopes to initiate more free-trade agreement (FTA) negotiations in 2006, possibly with South Korea and Malaysia, US Trade Representative Rob Portman says.
Prime Minister Thaksin Shinawatra Monday shot down a proposal for Parliament to debate free trade agreements (FTAs), including a draft being negotiated between Thailand and the United States. "I see no justification for legislative debate on FTAs as Parliament does not have qualified personnel to scrutinise the matter," he said.
Country-specific trade agreements might finally give way to an integrated trade agreement or organisation, indicated Abdul Quader Shaikh, Senior Economist, United States (US) Department of Commerce at a seminar on the WTO today.
After remaining silent during the WTO meeting in Hong Kong, December 2005, China has decided to focus on the bilateral free trade agreements (FTAs) and play a lead role in multilateral trade discussions during the year 2006.
