New WTO Transparency Mechanism on Regional Trade Agreements

December 17th, 2006 at 06:49am

The WTO General Council agreed on December 14 to implement a provisional transparency mechanism with regard to regional trade agreements (RTA). Under the new regime, members will make both early announcements of RTA negotiations and early notifications of concluded RTAs. The WTO Secretariat will then make a factual presentation of the RTA to WTO members for their consideration consideration.  To examine the mechanism in its entirety, see http://www.wto.org/english/news_e/news06_e/rta_15dec06_e.htm.

Entry Filed under: International Trade, Treaties and International Agreements, WTO