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Conditions for trade in goods within these agreements were set in GATT Article 24.

Essentially, a regional trade agreement should aim to boost trade between its member countries and not to raise barriers against the trade with other WTO members.

Such relation back or forward contravenes no principle of law and is determined by the intent of the parties as deduced from the instrument itself.” As a practical matter, the proper date to put on an agreement is something that corporate counsel is likely to have to make a judgment call on quite often.

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