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Sector-Based Negotiations in APEC and the WTO

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  • Peter J. Lloyd

Abstract

This paper looks at the APEC process of trade liberalisation and, in particular, at the Early Voluntary Sector Liberalisation approach to industrial trade liberalisation and facilitation. It also examines the GATTAVTO experience with sector-based negotiations. The experience in both APEC and the GATTAVTO is that sector-based negotiations make it more difficult to achieve trade-offs in negotiations. The paper finds that the EVSL proposal is very limited in its scope and likely benefits, and the experiment should not be repeated.

Suggested Citation

  • Peter J. Lloyd, 2000. "Sector-Based Negotiations in APEC and the WTO," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 3(1), pages 19-34, June.
    • Handle: RePEc:sae:intare:v:3:y:2000:i:1:p:19-34
    DOI: 10.1177/223386590000300102
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    References listed on IDEAS

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    1. Hatta, Tatsuo & Fukushima, Takashi, 1979. "The welfare effect of tariff rate reductions in a many country world," Journal of International Economics, Elsevier, vol. 9(4), pages 503-511, November.
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