The Uruguay cycle began in September 1986 in Punta del Este, Uruguay. The focus has been on extending trade agreements to several new areas. These include services and intellectual property. It has also improved the agricultural and textile trade. The Uruguay Round led to the creation of the World Trade Organization. On 15 April 1994, the 123 participating governments signed the WTO agreement in Marrakech, Morocco. The WTO has taken the lead in future global multilateral negotiations. In addition, the main light reference agreements have also been grouped according to general environmental themes according to the structure of the situation plan. Some regional trade agreements are multilateral.

The most important was the North American Free Trade Agreement (NAFTA), ratified on January 1, 1994. Nafta quadrupled trade between the United States, Canada and Mexico from 1993 to 2018. The U.S.-Mexico Agreement (USMCA) came into force on July 1, 2020. The USMCA was a new trade agreement between the three countries, negotiated under President Donald Trump. All global trade agreements are multilateral. The most successful is the general agreement on trade and customs. Twenty-three countries signed the GATT in 1947. The aim was to reduce tariffs and other trade barriers. The themes covered in these agreements are very broad: biodiversity and nature protection, climate change, protection of the ozone layer, desertification, chemical and waste management, cross-border water and air pollution, environmental policy (including impact studies, access to information and public participation), work accidents, maritime and river safety, environmental responsibility. The fifth benefit applies to emerging markets in accordance with Section 1.5.1 of the asDr. Bilateral trade agreements tend to favour the country with the best economy. This penalizes the weaker nation.

But strengthening emerging markets helps the developed economy over time. Multilateral agreements allow all signatories to be treated in the same way. No country can make better trade agreements to one country than another. Same land. It is particularly important for emerging economies. Many of them are smaller, which makes them less competitive. The status of the most favoured nation provides the best trading conditions a nation can obtain from a trading partner. Developing countries benefit the most from this trade status. A detailed table of international environmental agreements, to which the EU is already a party or signatory, has been drawn up. The Trans-Pacific Partnership would have been larger than NAFTA. Negotiations ended on 4 October 2015.

After becoming president, Donald Trump withdrew from the agreement. He promised to replace them with bilateral agreements. The TPP was located between the United States and eleven other countries bordering the Pacific Ocean. It would have abolished tariffs and standardised trade practices. The first WTO project was the Doha Round of Trade Agreements in 2001. It was a multilateral trade agreement among all WTO members. Developing countries would allow imports of financial services, particularly banks.