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What is Multilateral Trade Agreement

Strategic Cooperation and Partnerships Between Australia and South Asia: Economic Development, Trade, and Investment Opportunities Post COVID-19
Multilateral trade agreement is between many countries or group of countries, who see opportunities to export their goods within the member countries in the group, moving towards liberalising world trade, where countries gain from free trade.
Published in Chapter:
Australia's Bilateral and Multilateral Health Sector Partnership With South Asian Nations: Opportunities and Challenges
Anita Medhekar (Central Queensland University, Australia)
DOI: 10.4018/978-1-7998-8657-0.ch001
Abstract
Pandemic-related public health crises are important challenges of the 21st century. The COVID-19 pandemic healthcare crisis has resulted in international border closures; healthcare supply value-chain disruptions; increased infections, deaths, and coronavirus vaccine production and rollout issues; vaccine inequity and gaps between supply and demand for healthcare goods and services. This chapter aims to focus on the opportunities and challenges for bilateral and multilateral partnerships between Australia and the eight South Asian nations post pandemic to establish mutually beneficial bilateral and multilateral collaboration and partnerships for production of vaccine, research, and education into the healthcare sector. Australia can share its health expertise related to digital health, medicare, medical technologies, production of life-saving vaccines, and access to affordable and accredited quality of healthcare for combined 2 billion people living in South Asia and Australia, which is the key to meeting UNSDGs of good health, well-being for all, economic progress, and prosperity of South Asian nations.
Full Text Chapter Download: US $37.50 Add to Cart
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The BIMSTEC Free Trade Area: Economic Cooperation, Opportunities, and Challenges
When three or more countries are signatories for doing trade with each other for which is agreement are specifying goods and services to be traded, imported, or exported, reduce tariff and non-tariff barriers, with the aim to have free trade agreements between signatory countries.
Full Text Chapter Download: US $37.50 Add to Cart
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