Abstract
The term 'regional trade agreements' (RTAs) primarily covers comprehensive free trade agreements (FTAs), such as NAFTA, and customs unions such as the EU or MERCOSUR, which meet the requirements of Article XXIV GATT 1994. This article focuses on Article XXIV GATT 1994 and raises a broad range of issues, including economic, political, strategic, security, and international and national legal process considerations. It further considers the debate over RTAs versus the global (GATT/WTO) system. It discusses the legal relationships of RTAs to the WTO system. It mentions possible conflicts and addresses scope issues arising between WTO and RTA obligations and among dispute resolution fora. It provides some concluding remarks that conflicts between RTAs and the WTO covered agreements and among dispute settlement systems will increase over time.
Original language | English (US) |
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Title of host publication | The Oxford Handbook of International Trade Law |
Publisher | Oxford University Press |
ISBN (Electronic) | 9780191743764 |
ISBN (Print) | 9780199231928 |
DOIs | |
State | Published - Sep 18 2012 |
Keywords
- Article XXIV GATT 1994
- Dispute settlement
- Global system
- Regional trade agreements
- WTO system
ASJC Scopus subject areas
- General Social Sciences