ABSTRACT
Faced with this contemptuous global trade and FDI environment, various types of trade and FDI cooperation schemes—as well as bilateral, plurilateral, and regional schemes—have been created to avoid the destruction of the global trade and FDI system and to achieve healthy and sustained economic growth. This chapter reviews these schemes, specifically regional trade agreements (RTAs) and plurilateral trade agreements, and presents several policy recommendations towards their use. Moreover, an alternative dispute settlement mechanism, known as the Multi-Party Interim Appeal Arbitration Arrangement (MPIA), has also been proposed and is examined in this chapter.
