Trade Agreements

With one more ratification, the Global System of Trade Preferences among Developing Countries will unlock the full potential of a $16 trillion market with over 4 billion people.

The UN trade and development body said it looked forward to working with the World Trade Organization to ensure trade drives sustainable development.

Training equips experts and policymakers to engage effectively in bilateral and regional negotiations on trade in services.

The funding extends an ongoing partnership that has supported over 25 countries to expedite the movement of goods and strengthen public-private collaboration.

A new free trade agreement, covering a third of the world economy, will eliminate 90% of tariffs among 15 East Asian and Pacific countries and is expected to boost intraregional exports by $42 billion.

COVID-19 has highlighted the gaps in existing multilateral and regional trade agreements in terms of ensuring protection and resilience during a global or regional crisis.

By David Bicchetti, Carlos Razo and Miho Shirotori

By Ian Richards, Economist, UNCTAD

By UNCTAD Economists

By Miho Shirotori and Taisuke Ito, UNCTAD; Yann Duval and Runqiu Du, ESCAP; Gabrielle Marceau, WTO