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Wider benefits seen in trade deals, challenging mercantilism
Study finds that policy areas newly covered by trade deal ups a country's integration into value chain trade by 25%
Add BT as a preferred sourcePublished Wed, Oct 4, 2017 · 09:50 PM
Geneva
INTERNATIONAL trade deals have real benefits for small firms' competitiveness and regional integration, the International Trade Centre (ITC) said on Wednesday in a research challenging US President Donald Trump's "America First" policies.
ITC executive director Arancha Gonzalez said governments often failed to reflect the wider interests of business in trade negotiations, with a reluctance to see trade and investment as two sides of the same coin, and providing only soft support for consumer protection, gender equality, tax coordination and small firms.
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