Among the most important are the database on Latin American free trade agreements established by the Latin American Integration Association [23], the database of the Asian Regional Integration Centre (ARIC), the information agreements of Asian countries[24] and the portal on negotiations and free trade agreements of the European Union. [25] Generally, trade diversion means that a free trade agreement would divert trade from more efficient suppliers outside the area to less efficient suppliers within the territories. On the other hand, the creation of trade implies that a free trade agreement creates trade that might not otherwise have existed. In any case, the creation of businesses will improve the national well-being of a country. [15] While we often measure the results of trade agreements in terms of trade, perhaps the biggest victory is the least appreciated: the subtle but important improvements in the way our trading partners respect the rule of law, which apply to their own citizenship – and to ours. Selling free trade agreements (FTAs) to the United States can help your business more easily enter the global market and compete by reducing trade barriers. U.S. free trade agreements address a wide range of activities carried out by foreign governments that impact your business: reduced tariffs, better intellectual property protection, greater contribution by U.S. exporters to the development of product standards for FTA partner countries, fair treatment for U.S. investors, and improved opportunities for U.S. businesses. U.S.
public procurement and services companies. At the international level, there are two important freely accessible databases developed by international organisations for policy makers and businesses: it is pointed out that there is a difference in treatment between inputs inside and outside a free trade agreement as regards the qualification of origin criteria. Normally, inputs from one part of the FTA are considered to be products originating in the other party when they are included in the manufacturing process of that other party. Sometimes the production costs incurred by one party are also considered to be those of another party. Preferential rules of origin generally provide for such a difference in treatment in the determination of cumulation or accumulation. Such a clause also explains the above-mentioned effects of a free trade agreement on the creation and reorientation of trade, given that a party to a free trade agreement has an incentive to use inputs originating in another party in order for its products to be eligible for originating status. [22] The Market Access Card was developed by the International Trade Centre (ITC) to facilitate market access businesses, governments and researchers. The database, which is visible via the online market access map tool, contains information on tariff and non-tariff barriers to trade in all active trade agreements, not limited to those that have been officially notified to the WTO.
It also documents data related to non-preferential trade agreements (e.g. ? Generalized System of Preferences). Until 2019, market access Map provided downloadable links to the text agreements and their rules of origin. .