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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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. 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.
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isbn |
9211215730 |
url |
http://hdl.handle.net/11362/4401 |
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