implementations of FTA have been facilitating trade, especially the past ten
years. Over the presidency of Barack Obama, USA managed to develop FTA with the
countries of the EU and countries in the pacific regions known as TTIP and TTP.
It is important to mention that China was not involved in either of those
agreements despite the 60% of the total global economy that those countries
stood for. China as a response in the lack of mega-regional agreements, established
the “One Belt, One Route” (OBOR) initiative