
Good Regulatory Practice Provisions in Regional Trade Agreements
Examples and considerations for developing countries
As non-tariff barriers become an increasingly relevant source of trade costs, regulatory policy has become an important feature in trade negotiations and the trade policy agenda overall. This paper provides an overview of how stand-alone regulatory policy chapters are increasingly featured in recent regional trade agreements (RTAs). It then does an in-depth analysis of a specific type of regulatory policy provision—that of good regulatory practices (GRPs)—as these types of provisions are becoming more prolific and are being integrated into a more diverse range of agreements involving both developed and developing countries.
The paper analyzes how GRPs, especially those promoting stakeholder engagement, are evolving in select key RTAs, notably that of the United States–Mexico–Canada Agreement (USMCA) and the EU-Canada Comprehensive and Economic Trade Agreement (CETA). The paper concludes with key insights highlighting the policy implications for developing and least developed countries and proposes some considerations for policy thinking.
This material has been produced with funding from UK aid from the UK Government. Views expressed in the publication are the author’s own and do not necessarily reflect HM Government’s official positions.
Participating experts
You might also be interested in
Policy Action Framework: Improving product sustainability information in e-commerce
How can policy-makers take action to improve product sustainability information for consumers using e-commerce platforms?
AfCFTA’s Ali: Watch for More African Trade Thanks to Guided Trade Initiative
Jennifer Freedman details what negotiating steps are left to finalize the long-delayed African Continental Free Trade Area (AfCFTA).
Sustainability and the New Zealand-EU Free Trade Agreement: A step up in accountability
John Ballingall describes the ambitious and progressive environmental conditions of the New Zealand-EU free trade agreement and what these mean for both parties going forward.
We Need More Hybrid Trade and Environment Agreements
Tancrède Voituriez argues that hybrid trade and environmental agreements are more promising routes to address environmental targets and the governance of trade and the environment.