Regulatory policy

Regulatory partnerships between countries

 

Definition

 

Formal, umbrella type, broad political agreements between countries that they will co-operate to promote better quality regulation and minimise unnecessary regulatory divergences.

 

Examples

 

  • Canada-U.S. Regulatory Cooperation Council;
  • the Transatlantic Economic Partnership;
  • the Mexico-US High-Level Regulatory Cooperation Council;
  • the Trans-Tasman Mutual Recognition Arrangement.

 

Illustration

 

 

Related Documents