Regional trade agreements are multiplying and changing in nature. Fifty trade agreements were in force in 1990. In 2017, there were more than 280. In many trade agreements, negotiations today go beyond tariffs and cover several policies that influence trade and investment in goods and services, including rules across the border, such as competition policy, government procurement rules and intellectual property rights. ASAs covering tariffs and other border measures are “superficial” agreements; THE RTAs, which cover a larger group of policies, at and below the border, are “deep” agreements. (b) the advantages granted to trade with the Free Zone of Trieste by countries bordering that region, provided that such advantages are not contrary to the peace treaties resulting from the Second World War. (c) Any interim agreement referred to in points (a) and (b) shall contain a plan and timetable for the establishment of such a customs union or free trade area within a reasonable period of time. A regional trade agreement (RTA) is a treaty between two or more governments that sets out the trade rules applicable to all signatories. Regional trade agreements include the North American Free Trade Agreement (NAFTA), the Central American-Dominican Republic Free Trade Agreement (CAFTA-DR), the European Union (EU) and the Asia-Pacific Economic Cooperation (APEC). 11.
In view of the exceptional circumstances resulting from the establishment of India and Pakistan as independent States and the fact that they have long been an economic entity, the Parties agree that the provisions of this Agreement shall not prevent the two countries from concluding special trade agreements between them until their trade relations are definitively established. * Report on the B Treaty on Medical Devices in Regional Trade Agreements (SAAs) 12. Each Contracting Party shall take the appropriate measures at its disposal to ensure compliance with the provisions of this Agreement by regional and local authorities and authorities in its territory. Considering also that this contribution will be increased when the abolition of customs duties and other restrictive accompanying measures between the constituent territories extends to all trade and is reduced when an important commercial sector is excluded; (a) Any Contracting Party which decides to conclude a customs union or a free trade area or an interim agreement leading to the constitution of such a Union or territory shall immediately inform the Parties and communicate to them information on the Proposed Union or territory, enabling them to submit to the Parties such reports and recommendations as they deem appropriate. . . . .