Accelerate the Construction of the "One belt, One road" Trade Agreement Framework

Abstract

Most countries along the "one belt, one road" signed relevant trade agreements and set up several free trade areas to facilitate trade. Under these trade agreements, it is necessary for us to make new adjustments to the trade pattern of the "one belt, one road". The construction of the "one belt, one road" trade agreement framework will promote orderly and free flow of economic elements, efficient allocation of resources and deep market integration. When focusing on the design of new framework, we will encounter lots of challenges such as conflicts of interests, differences in legal systems and trade barriers. We should actively respond to these challenges and find out corresponding countermeasures. By constructing the new framework, countries can achieve a win-win situation and "one belt, one road" will become a new global growth engine.