Self-regulating international agreements

Description

Self-regulating international agreements are frameworks in which participating countries collectively establish, monitor, and enforce rules or standards without reliance on external authorities. This strategy enables rapid adaptation to emerging issues, fosters mutual accountability, and reduces enforcement costs. By empowering signatories to address non-compliance internally, such agreements remedy challenges of slow or ineffective external oversight, promote trust, and enhance the effectiveness of international cooperation in areas like trade, environment, and security.

Implementation

The Convention on Trade in Endangered Species of Wild Fauna and Flora (CITES) has since 1973 established worldwide controls based on a permit system administered by individual nations.