Many small businesses today are active in international trade, but do not have access to the contractual forms necessary to protect themselves. ITC and leading legal experts have developed eight generic contract templates that contain internationally recognised standards and laws for most small business situations. Draft treaties offer practical ways to preserve the international activities of small businesses and to overcome many legal and cultural traditions by harmonizing recurrent legislation that is common for most international treaties. These models are intended for important business activities such as the sale of goods, distribution, services, joint ventures and more. They were originally published in ITC`s 2010 Book: Model Contracts for Small Firms: Legal Guidance for Doing International Business. The Doha Round would have been the world`s largest trade deal if the US and the EU had agreed to cut their agricultural subsidies. After its failure, China gained ground in the global economy by adopting profitable bilateral agreements with countries in Asia, Africa and Latin America. The trade agreement database provided by ITC`s Market Access Card. Given that hundreds of free trade agreements are currently in force and are under negotiation (around 800 according to the ITC Origin Facilitator rule, including non-reciprocal trade agreements), it is important for companies and policymakers to keep an eye on their status.

There are a number of free trade agreement custodians available either at the national, regional or international level. Among the most important are the database on Latin American free trade agreements established by the Latin American Integration Association [23], the database of the Asian Regional Integration Centre (ARIC), the information agreements of Asian countries[24] and the portal on negotiations and free trade agreements of the European Union. [25] Trade agreements are generally unilateral, bilateral or multilateral. A contract for the exchange of services is an agreement that includes goods or services rather than money. It is also called an exchange contract and, although there is no cash exchange, it is advisable to draft a formal contract in order to avoid any misunderstanding about someone`s responsibilities. All agreements concluded outside the WTO framework (and which confer additional benefits beyond the WTO`s most-favoured-nation level, but which apply only between signatories and not other WTO members) are considered preferential by the WTO. . . .