The proliferation of FTAs, usually are good news for the parties involved.
But, what can do the WTO for getting a global solution?
Since the global financial crisis in 2008, protectionism has increased and global trade negotiations have stalled.
Are really necessary global rules to provide predictability and stability in international trade? Are there too many FTA’s?
Some bilateral and plurilateral trading agreements suffer from the "noodle" or "spaghetti bowl" phenomenon, where there are overlapping and interwoven rules and difficulties in getting benefits from successful negotiations.
Further, can SMEs monitor the different rules of origin in each FTA, and take advantages of the negotiated benefits for both countries?
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