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Regional trade agreements Regional Trade Agreements (RTAs) have become a very prominent feature of the Multilateral Trading System (MTS). The surge in RTAs has continued unabated since the early 1990s. As of 31 July 2010, some 474 RTAs, counting goods and services notifications separately, have been notified to the GATT/WTO. Of these, 351 RTAs were notified under Article XXIV of the GATT 1947 or GATT 1994; 31 under the Enabling Clause; and 92 under Article V of the GATS. At that same date, 283 agreements were in force. For up-to-date information on WTO figures on RTAs currently in force, please consult the summary tables contained in the RTA Database. These WTO figures correspond to 371 physical RTAs (counting goods and services together), of which 193 are currently in force. The overall number of RTAs in force has been increasingly steadily, a trend likely to be strengthened by the many RTAs currently under negotiations. Of these RTAs, Free Trade Agreements (FTAs) and partial scope agreements account for 90%, while customs unions account for 10 %. See also |
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