The World Bank has recently launched a new database called the “Deep Trade Agreements Database”. This database is a comprehensive resource for researchers, policymakers, and businesses seeking information about trade agreements between different countries. It covers a wide range of topics, including trade in goods, trade in services, investment, intellectual property rights, and dispute settlement mechanisms.
The Deep Trade Agreements Database provides detailed information on over 350 trade agreements that have been signed by 195 countries over the past 70 years. It includes both bilateral and regional agreements, as well as broader agreements such as those negotiated by the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).
The database is a valuable tool for researchers and policymakers seeking to better understand the implications of trade agreements for economic development, particularly in the context of developing countries. It provides users with access to a wealth of data on trade flows, tariffs, and non-tariff barriers, as well as information on the impact of different trade agreements on different sectors of the economy.
The Deep Trade Agreements Database is also useful for businesses looking to expand their operations into new markets. It provides information on the rules and regulations governing trade in different countries, as well as the incentives offered to foreign investors. This can help businesses to make informed decisions about where to invest and how to structure their operations in different countries.
The database is freely available to the public and can be accessed online through the World Bank`s website. It is updated regularly with the latest information on new trade agreements and changes to existing agreements. Users can search the database by country, region, or specific provisions of trade agreements.
In conclusion, the World Bank`s Deep Trade Agreements Database is a valuable resource for anyone interested in understanding the complex landscape of international trade. Its comprehensive coverage of trade agreements, combined with its user-friendly interface, make it an essential tool for policymakers, researchers, and businesses seeking to navigate the world of international trade.