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The Comprehensive Economic and Trade Agreement (CETA; French: accord économique et commercial global, AECG; German: Umfassendes Wirtschafts- und Handelsabkommenis) is a free-trade agreement between Canada and the European Union and its member states.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), initially abbreviated as TPP11 or TPP-11, [1] [2] [3] is a trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international legal agreement between all the member nations of the World Trade Organization (WTO). It establishes minimum standards for the regulation by national governments of different forms of intellectual property (IP) as applied to nationals of other WTO ...
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination ...
There are a number of trade conflicts between the two powers, but both depend on the other's economic market and disputes only affect 2% of total trade. A free trade area between the two would represent potentially the largest regional free-trade agreement in history, covering 46% of world GDP. [30] [31]
An economic union is a type of trade bloc which is composed of a common market with a customs union. [1] The participant countries have both common policies on product regulation, freedom of movement of goods, services and the factors of production (capital and labour) as well as a common external trade policy.
A common market is seen as a stage of economic integration towards an economic union [8] or possibly towards the goal of a unified market.. A single market is a type of trade bloc in which most trade barriers have been removed (for goods) with some common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services.
see Australia–Korea Free Trade Agreement: 11 Canada 28 July 2005 22 September 2014 1 January 2015 see Canada–Korea Free Trade Agreement: 12 China 14 May 2012 1 June 2015 20 December 2015 see China–South Korea Free Trade Agreement: 13 New Zealand 8 June 2009 23 March 2015 20 December 2015 14 Vietnam 6 August 2012 5 May 2015 20 December 2015