The New Ftas

From a traditional viewpoint, the FTA is an agreement of economic cooperation signed between at least two countries, aimed at reducing trade barriers such as tariffs and quotas and other non-tariff barriers in order to promoting trade in goods and services between them. One of the important characteristics of the "traditional" FTA is that FTA members do not have a general tariff schedule in their trade relations with countries outside the FTA. Typical FTAs under this concept are: ASEAN FTA (AFTA); Central Europe (CEFTA),…

Therefore, the term "new generation" is quite relative, which refer to express FTAs beyond the framework of trade liberalization, such as the Vietnam-EU FTA (EVFTA) ; Transpacific Partnership Agreement (TPP); The Trans-Atlantic Partnership and Investment Agreement (T-TIP); North American FTA (NAFTA); South American Common Market (MERCOSUR); ASEAN + 1 FTAs; Australia-United States FTA (AUSFTA); Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

These FTAs are considered "new" for three reasons:

• Some of the "new generation" FTAs include those that are considered "non-commercial" such as: labor, environment, commitment to sustainable development and good management

The issue of globalization is to ensure workers' rights based on the basic that employees are directly responsible for producing products in international trade. Ensure basic rights, benefits and working conditions. This is the approach of the "new generation" FTAs and is becoming a trend in recent years in the world. Globalization has created a global labor market and global climate change is seriously increased, forcing both developed and developing countries to work together. presenting "new commercial standards" in the "new generation" FTAs. "The new generation" FTAs do