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The Algerian Foreign Trade between the Multilateral Trading System and the Regionalism

Author

Listed:
  • Khayreddine Belaaze

    (University of Mohammed Khider)

  • Rabah Khouni

    (University of Mohammed Khider)

Abstract

This contribution aims at highlighting a major challenge facing global trade and trade in developing countries. Indeed, regional and preferential trade agreements are now more than ever inconsistent and incoherent and one of the principles of the World Trade Organization, the clause of the most favored nation requiring eliminated all forms of discrimination between trading parties, but what we see in regional trade agreements that the preferential tariffs based on a principle of discrimination. All regional trade agreements granting preferential tariffs between member countries, these preferences do not include the remains of non-member countries (rest of world). On the other hand, preferential tariffs are lower than MFN rates. Meanwhile, the number of regional agreements has doubled since 1995 date creation of the WTO, and Algeria like other developing countries considered one of countries which have not benefit a lot from this situation.

Suggested Citation

  • Khayreddine Belaaze & Rabah Khouni, 2014. "The Algerian Foreign Trade between the Multilateral Trading System and the Regionalism," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 10(2), pages 171-181, April.
    • Handle: RePEc:dug:actaec:y:2014:i:2:p:171-181
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2239/2092
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    References listed on IDEAS

    as
    1. Bhagwati, Jagdish, 2008. "Termites in the Trading System: How Preferential Agreements Undermine Free Trade," OUP Catalogue, Oxford University Press, number 9780195331653.
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