Columbia International Affairs Online: Working Papers

CIAO DATE: 07/2014

Regional Trade Blocs: The Way to the Future?

Alejandro Foxley

September 2010

Carnegie Endowment for International Peace


With global trade talks stalled and lower demand from major economies that were hit hard by the global economic crisis, three regions—Eastern Europe, Latin America, and East Asia—are managing to increase trade within their borders and building a broader free trade system.