After seven years of arduous negotiations under the auspices of the General Agreement on Tariffs and Trade (GATT), the Uruguay Round of multilateral trade negotiations was concluded in late 1993. The United States approved the agreement in late 1994, in time for the 1995 commencement of the new...

Like many other regional groups, the member countries of the South Asian Association for Regional Cooperation (SAARC) Bangladesh , Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka have taken steps toward forming a regional free trade area. Will the SAARC Preferential Trading Arrangement...