The World Trade Organization (WTO) is an international organization that facilitates the global trade of goods and services. One of the main functions of the WTO is to negotiate and monitor free trade agreements between member countries. These free trade agreements, or FTAs, eliminate or reduce tariffs and other barriers to trade, allowing goods and services to flow more freely between countries.
To help visualize and track these free trade agreements, the WTO has created a map of all current FTAs. The map is interactive and allows users to click on each country to see its current FTAs and the status of any ongoing negotiations.
The map is a helpful tool for businesses and policymakers alike. For businesses, it allows them to see which countries have free trade agreements in place, and which are still negotiating or considering them. This can be valuable information when deciding where to export or invest. For policymakers, the map can help identify areas where more free trade agreements may be necessary, or where existing agreements could be strengthened.
The WTO`s free trade agreements map is also a useful resource for journalists and researchers who want to gain a deeper understanding of global trade flows. By exploring the different FTAs and their impact on trade, they can gain insights into the economic relationships between countries and regions.
Overall, the WTO`s free trade agreements map is a valuable resource for anyone interested in global trade. It offers a clear and comprehensive overview of the current state of free trade around the world, and can help businesses, policymakers, journalists, and researchers make informed decisions about trade and investment.
