Preferential trade arrangements, principally free trade agreements and trade preferences for developing countries offered pursuant to the Generalized System of Preferences (GSP), have been used by the United States and the European Union to link international trade and human rights formally. Recent developments include the adoption by the Council of the European Union (EU) on July 22, 2008, of Council Regulation (EC) No. 732/2008. This regulation continues, with slight modification, the arrangements established under Council Regulation (EC) No. 980/2005. The 2005 regulation was itself the EU's response to the World Trade Organization (WTO) Appellate Body's decision in European Communities – Conditions for the Granting of Tariff Preferences to Developing Countries . Other important developments have included the continuing evolution of the labor chapters of free trade agreements (FTAs) entered by the United States. The extent of this evolution is apparent when one compares recent FTAs, such as that negotiated with the Republic of Korea in 2007, with earlier FTAs and the North American Agreement on Labor Cooperation (NAALC), which is a side agreement to the North American Free Trade Agreement (NAFTA).
Type Chapter Information Law and Development Perspective on International Trade Law , pp. 277 - 296 Publisher: Cambridge University Press Print publication year: 2011Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)
Roman Grynberg , Dr. Qalo , Veniana Labour Standards in US and EU Preferential Trading Arrangements 2006 40