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Glossary: RTA

Acronym in full: regional trade agreement

Regional trade agreements (RTAs) have become increasingly prevalent since the early 1990s. All RTAs in the WTO have in common is that they are reciprocal trade agreements between two or more partners. In recent years, there is a global trend towards continent-wide mega-regional trade agreements such as the TPP or RCEP.

 

Related articles:

Related terms: WTO, TPP, RCEP

 

 

 

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