Economic Framework Agreement

Economic framework agreement in Global Commerce Policy

In this regard, economic framework agreement is: a treaty between two or more parties setting out basic rules for the conduct of economic relations between them. Provisions included in such agreements do not follow set patterns. The entries on trade policy are here. At a minimum, they usually contain elements of trade facilitation. They also provide for non-discrimination between the parties. Depending on the level of obligations, there may also be a mechanism for consultation and dispute settlement. The entries on trade policy are here. Among other names for this type of agreement are economic partnership agreement, trade and economic agreement, trade and investment framework agreement and trade and investment facilitation agreement.[1]

Economic framework agreementin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Economic framework agreement” entry (OAS)

See Also