Saturday April 4, 2020

How to tell your TPP from your EFTA

The world of global trade deals loves its acronyms. Here is a guide for the confused ...

22nd November, 2016
A German protest against TTIP Pic: Getty

The world is waiting to see what sort of trade deal the British government will strike with the EU and whether Trump fulfils his campaign pledges to unwind agreements that he views as harming the US economy.

If there is one thing the negotiators of global trade deals love, beyond removing tariffs, it is acronyms.

As bilateral and multilateral agreements proliferate, their names and the acronyms have become ever more cumbersome and complicated.

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