Preferential Trade Agreements: Building Blocks Than Stumbling Blocks
By: Buragohain, Anisha
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Material type: 
BookPublisher: Economic & Political Weekly Description: 60(23), Jun 14, 2025: p.11-14.Subject(s): Preferential trade agreement, PATs, world tradeSummary: Preferential trade agreements are a prevailing characteristic of the international trading landscape. This article argues that PTAs are building blocks for the multilateral trading regime. They serve as experimental platforms, promote transparency and dispute resolution, aligning with WTO rules while addressing new regulatory challenges. Despite criticisms of PTAs as “second best,” they play a crucial role in advancing global trade, offering a complementary approach to multilateral agreements, and potentially leading to a more inclusive and resilient trading system. - Reproduced
https://www.epw.in/journal/2025/24/commentary/preferential-trade-agreements.html
| Item type | Current location | Call number | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Available | AR136375 |
Preferential trade agreements are a prevailing characteristic of the international trading landscape. This article argues that PTAs are building blocks for the multilateral trading regime. They serve as experimental platforms, promote transparency and dispute resolution, aligning with WTO rules while addressing new regulatory challenges. Despite criticisms of PTAs as “second best,” they play a crucial role in advancing global trade, offering a complementary approach to multilateral agreements, and potentially leading to a more inclusive and resilient trading system. - Reproduced
https://www.epw.in/journal/2025/24/commentary/preferential-trade-agreements.html
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