International agreement is a contract between two or more countries or international organizations that establishes the terms of cooperation or collaboration. These agreements are essential to ensure peaceful relations between nations and foster economic growth worldwide. In this article, we will be discussing some international agreement examples that have significant impacts on the world today.
The Paris Agreement:
The Paris Agreement is an international treaty aimed at limiting global warming to well below 2 degrees Celsius above pre-industrial levels. It was signed in December 2015 and entered into force on 4 November 2016. The agreement is a significant milestone in the fight against climate change, and it has been ratified by 189 countries. The Paris Agreement sets out several goals, including reducing greenhouse gas emissions, adapting to the impacts of climate change, and providing financial support to developing countries.
The Trans-Pacific Partnership (TPP):
The Trans-Pacific Partnership was a trade agreement between 12 countries that border the Pacific Ocean. It was designed to reduce tariffs, facilitate trade, and establish rules for intellectual property and environmental protection. The TPP was signed in February 2016 but was never ratified due to political opposition in the United States. The remaining signatories went ahead and signed a new agreement called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP came into effect in December 2018.
The North American Free Trade Agreement (NAFTA):
The North American Free Trade Agreement is a trilateral trade agreement between the United States, Canada, and Mexico. It was signed in 1992 and came into effect in 1994. NAFTA eliminated tariffs on goods traded between the three countries and set out rules for trade and investment. The agreement was replaced by the United States, Mexico, Canada Agreement (USMCA) in 2020.
The United Nations Convention on the Law of the Sea (UNCLOS):
The United Nations Convention on the Law of the Sea is an international agreement that defines the rights and responsibilities of nations in their use of the world`s oceans. It was adopted in 1982 and has been ratified by 168 countries. UNCLOS sets out rules for activities such as fishing, shipping, and deep-sea mining. It also establishes the rights of countries to their exclusive economic zones and continental shelves.
Conclusion:
International agreements play a significant role in shaping the world we live in today. The examples we have discussed are just a few of the many agreements that exist between countries worldwide. These agreements are essential for global cooperation, economic growth, and the protection of our planet. As a global community, we have a responsibility to support and enforce these agreements to ensure a better future for generations to come.