Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective

The slow advancement of the multilateral trading system has led to a wave of preferential trade agreements (PTAs) in Latin America and the Caribbean resulting in a web of bilateral and plurilateral PTAs, with countries both within and outside the region. More than 40 trade agreements now exist in th...

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Detalles Bibliográficos
Autores principales: Kuwayama, Mikio, Durán Lima, José Elías, Silva, Verónica
Formato: Texto
Idioma:English
Publicado: ECLAC 2005-12
Materias:
Acceso en línea:http://hdl.handle.net/11362/4401
id RI-11362-4401
record_format dspace
spelling Kuwayama, Mikio
Durán Lima, José Elías
Silva, Verónica
NU. CEPAL. División de Comercio Internacional e Integración
2014-01-02T15:28:31Z
2014-01-02T15:28:31Z
2005-12
9211215730
http://hdl.handle.net/11362/4401
LC/L.2441-P
Includes bibliography
The slow advancement of the multilateral trading system has led to a wave of preferential trade agreements (PTAs) in Latin America and the Caribbean resulting in a web of bilateral and plurilateral PTAs, with countries both within and outside the region. More than 40 trade agreements now exist in the hemisphere, in addition to other arrangements that are now being negotiated or that will be negotiated before 2006. These agreements and their negotiation processes have generated centripetal and centrifugal forces that tend to unify and divide the regional integration process. While these agreements emerge as an opportunity for signatory countries, they also generate concerns in relation to such aspects as their consistency with multilateral commitments and the broadening and deepening of trade rules and disciplines beyond those being assumed in WTO. The disciplines contemplated in the areas of interest to industrialized countries tend to be WTO-plus, while the issues that affect Latin American and Caribbean signatories are often remitted to the multilateral negotiating forum. Hence, the multilateral level of negotiations cannot be simply replaced by a mix of bilateral and plurilateral negotiations. There is a call for a strong, complementary, mutually reinforcing process among the three (lateral, regional and multilateral) routes to liberalization and regulation. Bilateral agreements between countries or sub-regions could serve as building blocks when and if the precedents they establish are consistent with a comprehensive, balanced WTO that takes due account of the smaller economies' vulnerabilities. This is also true in cases where the commitments made in certain disciplines included in bilateral and sub-regional agreements facilitate the adoption of multilateral rules in the same disciplines. Otherwise, bilateral agreements could impede the construction of a development-oriented WTO, leaving the region with too extensive a web of hub-and-spoke agreements, with high associated costs of administration, transparency and efficiency.
.pdf
63 páginas.
en
ECLAC
Serie Comercio Internacional
58
Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
Texto
Documento Completo
División de Comercio Internacional e Integración
División de Comercio Internacional
Disponible
Santiago
63 p. : gráfs., tabls.
S05998 E
05.II.G.187
INT UN/CO 35(58/2005)
LC/L.2441-P
Santiago
INTEGRACION ECONOMICA
LIBERALIZACION DEL INTERCAMBIO
LIBRE COMERCIO
MULTILATERALISMO
RELACIONES ECONOMICAS INTERNACIONALES
ECONOMIC INTEGRATION
FREE TRADE
INTERNATIONAL ECONOMIC RELATIONS
MULTILATERALISM
TRADE LIBERALIZATION
AMERICA LATINA Y EL CARIBE
LATIN AMERICA AND THE CARIBBEAN
Series
POLÍTICA COMERCIAL Y ACUERDOS COMERCIALES
NEGOCIACIONES COMERCIALES
INTEGRACIÓN REGIONAL
COMERCIO INTERNACIONAL
INFRAESTRUCTURA
TRADE POLICY AND TRADE AGREEMENTS
TRADE NEGOTIATIONS
REGIONAL INTEGRATION
INTERNATIONAL TRADE
INFRASTRUCTURE
23615
COMERCIO INTERNACIONAL E INTEGRACIÓN
RECURSOS NATURALES
INTERNATIONAL TRADE AND INTEGRATION
NATURAL RESOURCES
gráficos, tablas
elec_str_mv Comisión Económica para América Latina y el Caribe(CEPAL)
collection Comisión Económica para América Latina y el Caribe(CEPAL)
title Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
spellingShingle Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
Kuwayama, Mikio
Durán Lima, José Elías
Silva, Verónica
INTEGRACION ECONOMICA
LIBERALIZACION DEL INTERCAMBIO
LIBRE COMERCIO
MULTILATERALISMO
RELACIONES ECONOMICAS INTERNACIONALES
ECONOMIC INTEGRATION
FREE TRADE
INTERNATIONAL ECONOMIC RELATIONS
MULTILATERALISM
TRADE LIBERALIZATION
title_short Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
title_full Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
title_fullStr Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
title_full_unstemmed Bilateralism and regionalism: re-establishing the primacy of multilateralism a Latin American and Caribbean perspective
title_sort bilateralism and regionalism: re-establishing the primacy of multilateralism a latin american and caribbean perspective
author Kuwayama, Mikio
Durán Lima, José Elías
Silva, Verónica
author_facet Kuwayama, Mikio
Durán Lima, José Elías
Silva, Verónica
topic INTEGRACION ECONOMICA
LIBERALIZACION DEL INTERCAMBIO
LIBRE COMERCIO
MULTILATERALISMO
RELACIONES ECONOMICAS INTERNACIONALES
ECONOMIC INTEGRATION
FREE TRADE
INTERNATIONAL ECONOMIC RELATIONS
MULTILATERALISM
TRADE LIBERALIZATION
topic_facet INTEGRACION ECONOMICA
LIBERALIZACION DEL INTERCAMBIO
LIBRE COMERCIO
MULTILATERALISMO
RELACIONES ECONOMICAS INTERNACIONALES
ECONOMIC INTEGRATION
FREE TRADE
INTERNATIONAL ECONOMIC RELATIONS
MULTILATERALISM
TRADE LIBERALIZATION
publishDate 2005-12
language English
publisher ECLAC
physical 63 páginas.
format Texto
description The slow advancement of the multilateral trading system has led to a wave of preferential trade agreements (PTAs) in Latin America and the Caribbean resulting in a web of bilateral and plurilateral PTAs, with countries both within and outside the region. More than 40 trade agreements now exist in the hemisphere, in addition to other arrangements that are now being negotiated or that will be negotiated before 2006. These agreements and their negotiation processes have generated centripetal and centrifugal forces that tend to unify and divide the regional integration process. While these agreements emerge as an opportunity for signatory countries, they also generate concerns in relation to such aspects as their consistency with multilateral commitments and the broadening and deepening of trade rules and disciplines beyond those being assumed in WTO. The disciplines contemplated in the areas of interest to industrialized countries tend to be WTO-plus, while the issues that affect Latin American and Caribbean signatories are often remitted to the multilateral negotiating forum. Hence, the multilateral level of negotiations cannot be simply replaced by a mix of bilateral and plurilateral negotiations. There is a call for a strong, complementary, mutually reinforcing process among the three (lateral, regional and multilateral) routes to liberalization and regulation. Bilateral agreements between countries or sub-regions could serve as building blocks when and if the precedents they establish are consistent with a comprehensive, balanced WTO that takes due account of the smaller economies' vulnerabilities. This is also true in cases where the commitments made in certain disciplines included in bilateral and sub-regional agreements facilitate the adoption of multilateral rules in the same disciplines. Otherwise, bilateral agreements could impede the construction of a development-oriented WTO, leaving the region with too extensive a web of hub-and-spoke agreements, with high associated costs of administration, transparency and efficiency.
isbn 9211215730
url http://hdl.handle.net/11362/4401
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