Report: Trade pacts require coherence with WTO
GENEVA -- Burgeoning bilateral and regional trade agreements meet the need to regulate global production and can benefit non-members, but the World Trade Organization's multilateral system also has a role in reducing the resulting complexity, according to the latest edition of the organization's flagship publication released July 20 in Geneva.
The World Trade Report 2011 observes that these preferential trade agreements (PTAs) are becoming more complex, involving pacts between regions, as well as between countries or within regions.
But more significantly they are evolving towards deeper integration that goes. . .
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