Résumé
There are more than 50,000 international treaties, 600 of which cover multilateral trade issues. They help to create a secure legal environment that will attract investors and boost trade, laying the foundation for sustainable growth, jobs and income. Developing countries are facing problems, however, because there are hundreds of such multilateral treaties, with many more coming into being, and many organizations dealing with them. While it is important for countries to choose the right treaties from those already in place, they could also take part in developing the many treaties that are still being created. Until recently, the focus of international organizations has been on making trade rules, without really considering how easy -- or difficult -- it is for the rules to be applied in a variety of countries. Developing economies need to learn how to voice their concerns and have a say in what the multilateral trading system will look like in the future.
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Extrait
Making Sense of Trade Treaties
There are more than 50,000 international treaties, 600 of which cover multilateral trade issues. Why should developing countries, with many demands on the public purse, pay attention to ratifying and implementing trade treaties? It's because some treaties are critical to building business confidence. They help to create a secure legal environment that will at...
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