Regional trade agreements
Publication Type
Book Chapter
Publication Date
10-2025
Abstract
Regional trade agreements have proliferated since the 1990s. This proliferation stems from multilateral system discontent, desires for regional political cooperation, and supply chain management objectives. Yet these agreements vary widely in scope and structure, with the concept of ‘regionalness’ becoming increasingly flexible. From a normative perspective, agreements of the past 30 years follow different patterns. Some prioritize regional integration, while others emphasize goals beyond market access and trade facilitation.By focusing on major agreements, the chapter analyses how various objectives may or may not be achieved and evaluates the multiple purposes these agreements serve in international economic law. Looking forward, regional trade agreements appear to be the primary trade lawmaking instruments for many economies. The chapter concludes by considering what the next generation of these agreements might mean for the world economy and its constituents.
Discipline
International Economics | International Trade Law
Publication
Routledge Handbook on International Economic Law
Editor
VADI, Valentina; COLLINS, David
Identifier
10.4324/9781003399711-20
Publisher
Taylor and Francis
Citation
CLAUSSEN, Kathleen and HSIEH, Pasha L..
Regional trade agreements. (2025). Routledge Handbook on International Economic Law.
Available at: https://ink.library.smu.edu.sg/sol_research/4758
Additional URL
https://www.taylorfrancis.com/chapters/edit/10.4324/9781003399711-20/regional-trade-agreements-kathleen-claussen-pasha-hsieh