Unimpeded world trade is still a dream. We may have virtually eliminated borders, but persistent discriminatory measures within borders andndash; in the shapes of restrictive investment policies, inappropriate regulatory interference, and restraints on competition andndash; still have the power to stifle foreign entrants to domestic markets. Completing the World Trading System proposes to confront these trade-distorting forces at a new round of the World Trade Organization (WTO). Drawing on many years of international trade law practice and policymaking, the authors present a detailed agenda designed to:
- deepen market access for all goods, services, and intellectual property facilitate and protect investment by foreign enterprises
- overcome disparities of national regulatory schemes
- ensure nondiscriminatory business operation in foreign markets
- reinforce and support evolving international economic realities
This timely, forward-looking book also shows how major regional trading arrangements have in fact achieved deeper economic integration than the WTO regime. Incorporating this evidence--as well as other proposals from the academic and policy communities--Completing the World Trading System crystallizes the most important trends in current international trade law.
