They can speed up
trade liberalisation by delivering gains faster than through multilateral or regional processes.
Not exact matches
«Importantly, the free
trade agreement will ensure that the Australian wine industry does not fall behind the
liberalisation achieved
by its major competitors South Africa and Chile in their deals with the US.»
The Court's language might nonetheless suggest that such a decision is not entirely up to the political discretion of these two institutions
by stating that «
liberalisation of that
trade [is made] subject to the condition that the Parties comply with their international obligations concerning social protection of workers and environmental protection» (para. 166).
Indeed, the Court considers that the sustainable development chapter «plays an essential role in the agreement» (para. 162) and that the agreement operates under a form of conditionality «
by making
liberalisation of that
trade subject to the condition that the Parties comply with their international obligations concerning social protection of workers and environmental protection» (para. 166).
Growing — Dubai's total international
trade has grown on average
by over 11 % per year since 1988 and regional economic growth and
liberalisation should boost demand further;