The document provides information on several international agencies and trade treaties, including their histories and main functions. It discusses the General Agreement on Tariffs and Trade (GATT), the World Trade Organization (WTO), the European Union (EU), Asia-Pacific Economic Cooperation (APEC), the African Continental Free Trade Area (AfCFTA), the Association of Southeast Asian Nations (ASEAN), the North American Free Trade Agreement (NAFTA), the South Asian Free Trade Area (SAFTA), the Central American Free Trade Agreement (CAFTA), Mercosur, and the Andean Community. The document outlines the founding dates and member countries of each organization, as well as their goals of promoting free trade,
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International Agencies & Treaties Presentation
1. Welcome to Our Presentation
Presented by
Vertex of Tract
Topics: International Agencies & Treaties
2. History:
GATT(1948)
Uruguay Round (1986–1994)
15th April, 1994- Marrakesh
Agreement by 124 Nations
WTO(1995)
World Trade Organization
Geneva, Switzerland
Functions:
Implement Rules & Provision
Administer & implementing
multilateral trade agreement
Assist International Org.(IMF,
IBRD etc.)
Ensure Optimum use of world
resources.
3. History:
1st (1951) Treaty of Paris
1958 Treaty of Rome, EEC/EC
Belgium, France, Germany, Italy,
Luxembourg, and the
Netherlands
1992 Treaty of Maastricht 1993
28 Countries
Functions:
To be more economical than political
Cooperation among its nations.
To establish European citizenship. This
means protection of fundamental
human rights and freedoms.
To ensure freedom, security and justice.
To promote economic and social
progress.
To assert Europe's role in the world.
4. History:
31st January 1989 by
Bob Hawke, PM
Australia
1993 1st
Meeting
21 Pacific Rime
member
Functions:
Facilitating regional integration
Improving logistics and transposes
Encouraging the development of clean technologies
and greener growth
Nurturing the competitiveness of SME.
5. Functions:
Free access to commodities among
nations
Create opportunities for
industrialization, diversification and
high skilled employment in Africa
Provide African leaders with a
greater negotiating power to
eliminate barriers to exporting.
History:
44 members of its 55 member’s
states in Kigali, Rwanda
beginning 2013
negotiation held in 2015
21st March 2018
6. History:
8 August 1967
Indonesia, Malaysia, Philippines,
Singapore Thailand, Brunei
Darussalam, Cambodia, Laos,
Myanmar, and Vietnam. Papua
New Guinea is observer.
Functions
Accelerate economic growth
Promote regional peace & stability
Good governance & Cooperation
Promote southeast Asian Studies
7. Functions:
Eliminate trade barriers
Reduce high Mexican tariffs and help
to promote agricultural exports
Assure fair market value to investors by
reducing risk and offering the same
legal rights
History:
1980, President Ronald Reagan
proposed
In 1992
President George H.W.
Bush,
Mexican President
Salinas and
Canadian Prime Minister
Brian Mulroney
then led to NAFTA in 1993.
8. History:
11th April 1993 (SAPTA) force 7th
December, 1995
1st January 2004 signed
Force 6th July, 2006(SAFTA)
Afghanistan joined 2011
Functions:
Free trade area in South
Elimination of tariffs.
Form and implement the rules &
compensation scheme for the losses
of revenue
Provide technical support to the
least developed member countries
9. Functions:
Establishing a free trade area similar to NAFTA.
Reducing and eliminating tariffs and other measures
Supporting democracy, economic reform, and
regional integration.
Perform, switching, signaling, processing, and
conversion functions.
Protection of international property rights.
History:
Late 1990’s
Started in 2003
2005 CATA-DR, Joining Domini9can
Republic
Costa Rica, El Salvador, Guatemala, Honduras,
and Nicaragua. Dominican Republic
10. Functions:
promote free trade and the fluid movement of goods,
people and currency
Common external tariff for non- member countries.
Co- ordination of their macroeconomic policies in
harmony with the process of trade liberalization.
Avoiding any agreement or indulging in any activity
which may harm the interests of the other members.
History:
Established the treaty of Asuncion in 26th March,
1991
Protocol in 16th December, 1994
Argentina, Brazil, Paraguay and Uruguay.
Associate countries are Bolivia, Chile, Colombia,
Ecuador, Guyana, Peru and Suriname.
Observer countries are New Zealand and Mexico
11. History:
26th May, 1969
Andean Pact until 1996
In 1993, the Free Trade Zone entered into full
operation for Bolivia, Colombia, Ecuador, Peru.
Functions:
Promote the balance and harmonious development of
the member countries
Accelerate the growth
Creation of jobs
Facilitate participation in the regional integration
Reduce differences