WTO Compatibility and Rules of Origin – Assessing Bilateral Trade Agreements between Latin America and East Asia

Some theorists and practitioners argue that the stability of the global trade system is endangered by trade distorting effects of regional Free Trade Agreements. Does this also hold true for interregional FTAs? Based on criteria, such as scope, rules of origin and WTO notification, it is argued here...

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Bibliographic Details
Main Author: Howard Loewen
Format: Article
Language:English
Published: SAGE Publishing 2009-03-01
Series:Journal of Current Southeast Asian Affairs
Online Access:https://doi.org/10.1177/186810340902800105
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Summary:Some theorists and practitioners argue that the stability of the global trade system is endangered by trade distorting effects of regional Free Trade Agreements. Does this also hold true for interregional FTAs? Based on criteria, such as scope, rules of origin and WTO notification, it is argued here that interregional FTAs between East Asia and Latin America do not fully confirm the distortion thesis, as the positive effects of WTO-plus elements in the examined FTAs and their positive notification record to the WTO signify. Yet, overlaps between different rules of origin may lessen the multilateral effectiveness of interregional FTAs.
ISSN:1868-1034
1868-4882