The WTO,the Doha Round Impasse,PTAs, and FTAs/RTAs |
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Authors: | Stephen W. Hartman |
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Affiliation: | 1. School of Management , New York Institute of Technology , Old Westbury , New York , USA shartman@nyit.edu |
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Abstract: | Beginning in 2001, the Doha Rounds afforded World Trade Organization (WTO) members the opportunity to develop equitable trade rules between the developed and developing member states. The WTO has been successful in advancing multilateral international trade; however, since the Doha Rounds stalemate, it has witnessed the development of more than 300 Preferential Trade Agreements (PTAs) and over 500 Free Trade Agreements (FTAs). This article attempts to answer two questions: (1) has the failure of the Doha Rounds contributed to the proliferation of PTAs and FTAs, and (2) are these agreements threatening the regulatory authority of the WTO, which, in turn, reduces its ability to effectively promote and govern free trade, and its mission? |
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Keywords: | PTAs FTAs RTAs single undertaking Doha Rounds NAMA FSA TRIPS Agreement |
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