Good regulatory practices and co-operation in trade agreements: A historical perspective and stocktaking

This paper presents a stocktaking of standalone chapters in trade agreements dedicated to good regulatory practices and international regulatory co-operation. While standalone regulatory policy chapters in trade agreements remain a new development, they signal countries’ increasing interest in eleva...

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Bibliographic Details
Published in:IDEAS Working Paper Series from RePEc 2021-01 (14)
Main Authors: Kauffmann, Céline, Saffirio, Camila
Format: Article
Language:English
Subjects:
CETA
CPTPP
good regulatory practices
international regulatory co-operation
Pacific Alliance
regulatory policy
Regulatory reform
Trade agreements
USMCA
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Summary:This paper presents a stocktaking of standalone chapters in trade agreements dedicated to good regulatory practices and international regulatory co-operation. While standalone regulatory policy chapters in trade agreements remain a new development, they signal countries’ increasing interest in elevating the visibility and ambition of regulatory policy, in line with their commitments in the 2012 OECD Recommendation of the Council on Regulatory Policy and Governance and the 2005 APEC-OECD Integrated Checklist on Regulatory Reform. Still, the level of ambition of these chapters varies widely depending on the state of play of regulatory policy in trading partners. By comparing the main substantive and structural features of these chapters, this stocktaking aims to inform the development of similar chapters in future trade agreements.
ISSN:2414-0996
DOI:10.1787/cf520646-en