Regional Trade Agreements (RTAs) are agreements between countries or regions designed to enhance economic integration and facilitate trade between the countries involved. The main objective of RTAs is to promote economic growth and development, while also reducing trade barriers.

The key objectives of RTAs are:

1. To increase trade: RTAs aim to increase trade between member countries by reducing trade barriers such as tariffs, quotas, and regulatory barriers. This helps in expanding markets for member countries, creating new business opportunities, and increasing competition.

2. To enhance economic growth: RTAs promote economic growth and development by creating an environment that supports businesses, encourages investment, and fosters innovation. This can lead to job creation, increased productivity, and overall economic prosperity.

3. To increase competitiveness: RTAs aim to increase competitiveness by reducing the cost of production through the elimination of barriers to trade. This enables businesses to produce goods and services at a lower cost, making them more competitive in the global marketplace.

4. To improve market access: RTAs enhance market access by reducing trade barriers and promoting economic integration. This helps member countries gain access to new markets and expand existing markets, leading to increased trade and economic growth.

5. To promote regional stability: RTAs promote regional stability by creating a platform for dialogue and cooperation between member countries. This helps to align member countries` economic policies and promotes regional stability by fostering trust and mutual understanding.

In conclusion, the objective of Regional Trade Agreements is to promote economic growth and development, reduce trade barriers, increase competitiveness, and improve market access. By working together, member countries can create a more integrated and interconnected economy that benefits everyone.