Mutual Recognition and Equivalence in FTAs, including the TPP

Seminar/Forum

Mutual Recognition and Equivalence in FTAs, including the TPP

Harmonisation, equivalence and mutual recognition of technical regulations, standards, and conformity assessment results can create lasting and significant benefits for production networks and foster economic welfare. Given that on some occasions, these three policy tools are difficult to achieve, some countries resort to “softer approaches” such as regulatory dialogue in order to build trust and confidence between members, easing the path for the conclusion of Mutual Recognition Arrangements (MRAs) and for the acceptance of technical regulations and standards. This presentation focuses on the advantages and disadvantages of harmonisation, equivalence and mutual recognition, particularly in the framework of Free Trade Agreements; and the approach taken by the Trans-Pacific Partnership Arrangement regarding these Technical Barriers to Trade (TBT) tools. It considers that the inclusion of a chapter on “Regulatory Coherence” is of paramount importance for the approximation of national policies, and for an effective application of the TBT chapter. It also considers some of the deficiencies of such a chapter, as well as some alternative approaches to ease the way for the conclusion of MRAs.

Presenter

  • Dr Humberto Zúñiga Schroder
    Dr Humberto Zúñiga Schroder , Government of Peru