During this period, there were several new administrative agreements that were put in place by various governments and organizations around the world. These agreements were aimed at addressing various issues such as economic development, environmental protection, and global security among others. In this article, we will take a look at some of the most significant administrative agreements that were introduced during this period.
The Paris Agreement
The Paris Agreement is an international treaty that was signed in 2016 by 196 countries with the aim of combating climate change. The agreement aims to limit global warming to below 2 degrees Celsius above pre-industrial levels and ideally below 1.5 degrees Celsius. The agreement also requires countries to submit their national climate action plans and regularly report on their progress in reducing their greenhouse gas emissions.
The Trans-Pacific Partnership (TPP)
The Trans-Pacific Partnership is a trade agreement that was signed by twelve countries in 2015. The agreement aimed to reduce trade barriers and promote economic development among its signatories. However, in 2017, the United States withdrew from the agreement leaving the remaining signatories to continue without the US`s participation. The agreement was renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The Global Compact for Migration
The Global Compact for Migration is an agreement that was adopted by the United Nations in 2018. The agreement aims to improve international cooperation on migration issues by setting out 23 objectives for safe, orderly and regular migration. The agreement was adopted by 164 countries, however, several countries including the US and Hungary withdrew from it citing concerns over national sovereignty.
The United States-Mexico-Canada Agreement (USMCA)
The United States-Mexico-Canada Agreement is a trade agreement that was signed in 2018 to replace the North American Free Trade Agreement (NAFTA). The agreement aims to modernize the trade relationship between the US, Mexico, and Canada by addressing issues such as labor standards, intellectual property and digital trade.
Conclusion
In conclusion, the new administrative agreements that were introduced during this period were aimed at addressing various global issues and promoting cooperation among nations. The Paris Agreement and the Global Compact for Migration were introduced to tackle climate change and improve cooperation on migration issues. The TPP and the USMCA were aimed at facilitating trade and economic development among participating countries. These agreements are expected to have a significant impact on the global economy, environment, and security in the years to come.