The conclusion of the WTO Agreement will improve market access and reinforce the multilateral trade system.

CNN: ASHIMOTO RYUTARO IS THE TOUGH GUY OF JAPANESE TRADE TALKS.

Competition policy was already on the trade agenda in 1948, when the multilateral trading system was set up.

ECONOMIST: The borders of competition

This recognises the importance of such regional trade initiatives and their potential to promote further trade liberalisation, while strengthening the primacy of the multilateral trading system.

ECONOMIST: Capital letters