Regional trade agreements (RTAs) have proliferated around the world
in the past two decades, and now nearly all members of the WTO are
party to at least one. Besides tariffs and rules of origin
regulating trade in goods, many RTAs now include provisions on
services, investments, technical barriers to trade and competition
rules, as well as a host of issues not directly related to trade.
The geographic reach of RTAs is expanding, with transcontinental
agreements spreading forcefully alongside intra-regional
agreements. 'Multilateralizing Regionalism' was the title of a
major conference held from 10-12 September 2007 at the WTO in
Geneva. Brought together in this publication, the conference papers
achieve two things. First, they marshall detailed, new empirical
work on the nature of the 'Spaghetti Bowl' and the problems it
poses for the multilateral trade system. Second, they contribute
fresh and creative thinking on how to 'tame the tangle' of regional
trade agreements.
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