Wto Agreement On Trade In Goods

These timetables include commitments made by each WTO Member Party to allow certain foreign goods or service suppliers access to their markets. Timetables are an integral part of the agreements. In the printed version, these tables include about 30,000 pages for all WTO Members. The Multilateral Agreement on Trade in Goods comprises the GATT 1994 (General Agreement on Tariffs and Trade) and 13 sectoral agreements. These cover 4 areas: these agreements are not static; they are renegotiated from time to time and new agreements can be added to the package. Many of them are currently being negotiated within the framework of the Doha Development Agenda launched by WTO trade ministers in Doha, Qatar, in November 2001. The basic structure of the WTO Agreements: how the six main areas of the WTO Framework Agreement fit together, goods, services, intellectual property, disputes and trade policy reviews. They begin with general principles: the General Agreement on Tariffs and Trade (GATT) (for goods) and the General Agreement on Trade in Services (GATS). (The third area, Trade-Related Aspects of Intellectual Property Rights (TRIPS), also fall into this category, although it does not currently contain any additional parts.) Finally, there are the detailed and long schedules (or schedules) of commitments made by individual countries that allow certain foreign products or service suppliers to access their markets. For GATT, these are binding commitments on tariffs on goods in general and combinations of duties and quotas for certain agricultural products. With regard to the GATS, the obligations indicate the amount of access granted to foreign service suppliers for certain sectors and contain lists of types of services for which individual countries declare that they do not apply the principle of most-favoured-nation non-discrimination. Much of the Uruguay Round concerned the first two parts: general principles and principles for specific sectors.

At the same time, negotiations on market access for industrial products were possible. Once the principles are established, negotiations on commitments for sectors such as agriculture and services could continue. The decisions of WTO bodies on the GATT Agreement can be found in the Analytical Index Guide to WTO Law and Practice Browse or download the text of the “Multilateral Agreement on Trade in Goods” from the Legal Texts Portal The Table of Contents of the Results of the Uruguay Round of Multilateral Trade Negotiations: The legal texts are a discouraging list of about 60 agreements, annexes, decisions and agreements. In fact, the agreements are divided into a simple structure with six main parties: a framework agreement (the agreement establishing the WTO); agreements for each of the three major trade areas covered by the WTO (goods, services and intellectual property); dispute resolution; and the review of governments` trade policies. Another group of agreements not included in the diagram is also important: the two plurilateral agreements that have not been signed by all members: civil aircraft and government procurement. The General Agreement on Tariffs and Trade (GATT) regulates international trade in goods. The operation of the GATT Agreement is the responsibility of the Council for Trade in Goods (Council for Goods), which is composed of representatives of all WTO Member States. The current presidency is. The WTO Agreements concern goods, services and intellectual property.

They describe the principles of liberalisation and the exceptions allowed. These include commitments by individual countries to reduce tariffs and other barriers to trade, as well as to open and maintain open services markets. .

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