Trade Factor in the Global and Regional International Relations

Abstract

This article discusses changes in the development of trade at the global and regional level, caused by failure of the Doha Round negotiations in the frame of World Trade Organization. It is show that the active development of regional trade agreements and the formation of all sorts of trade blocs create the preconditions for a radical review of the global economic order.

Keywords

• world and regional trade
• doha round of trade negotiations
• regional trade agreements
• wto
• the most favored nation treatment
• transatlantic trade and investment partnership
• pacific partnership