The Algerian Foreign Trade between the Multilateral Trading
System and the Regionalism
The Algerian Foreign Trade between the Multilateral Trading
System and the Regionalism
Author(s): Khayreddine Belaaze, Rabah KhouniSubject(s): Economy
Published by: Editura Universitară Danubius
Keywords: foreign trade of Algeria; the multilateral trading system; regionalism; the world trade organization
Summary/Abstract: This contribution aims at highlighting a major challenge facing global trade and trade in developing countries. Indeed, regional and preferential trade agreements are now more than ever inconsistent and incoherent and one of the principles of the World Trade Organization, the clause of the most favored nation requiring eliminated all forms of discrimination between trading parties, but what we see in regional trade agreements that the preferential tariffs based on a principle of discrimination. All regional trade agreements granting preferential tariffs between member countries,these preferences do not include the remains of non-member countries (rest of world). On the other hand, preferential tariffs are lower than MFN rates. Meanwhile, the number of regional agreements has doubled since 1995 date creation of the WTO, and Algeria like other developing countries considered one of countries which have not benefit a lot from this situation.
Journal: Acta Universitatis Danubius. Œconomica
- Issue Year: 10/2014
- Issue No: 2
- Page Range: 171-181
- Page Count: 11
- Language: English