This report focuses beautifully on the reasons why the proliferating free trade agreements now pose a danger to the world trading system and offers creative solutions to the problems they present.
Analysts are divided about the effects of RTAs.
Others maintain that the implicit discrimination these agreements embody diverts rather than creates worldwide trade and investment. The Study Group, composed of eminent former trade negotiators and trade experts, assesses existing theoretical and empirical analyses of the effects of RTAs and offers the WTO a series of recommendations aimed at strengthening its leadership role in managing RTAs. The proposals focus on improving existing rules governing RTA formation and operation.