Ulla KASK Agriculture and Commodities Division WTO

Size: px
Start display at page:

Download "Ulla KASK Agriculture and Commodities Division WTO"

Transcription

1 Ulla KASK Agriculture and Commodities Division WTO World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 1

2 Outline A. Introduction A. The WTO and environment B. Disciplines under the Goods Agreements: Agreement on Agriculture Agreement on Subsidies and Countervailing Measures Agreement on Technical Barriers to Trade C. Conclusion World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 2

3 A. Introduction The WTO is about trade & trade rules Non-trade concerns e.g. environmental protection World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 3

4 The Marrakesh Agreement (the founding charter of the WTO) A. Introduction The Preamble recognizes the need to: allow for the optimal use of the world s resources in accordance with the objective of sustainable development, and both protect and preserve the environment and to enhance the means for doing so in a manner consistent with their respective needs and concerns at different levels of economic development World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 4

5 Decision on Trade and Development A. Introduction.. states that efforts to uphold multilateral trading system and to protect the environment must be complimentary World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 5

6 Agreement on Agriculture A. Introduction commitments under the reform programme should be made in an equitable way among all Members, having regard to non-trade concerns, including food security and the need to protect the environment World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 6

7 Agreement on Technical Barriers to Trade A. Introduction recognizes that: no country should be prevented from taking measures necessary for the protection of the environment,, at the levels it considers appropriate, sets the requirements: No arbitrary or unjustifiable discrimination between countries where the same conditions prevail No disguised restriction on international trade World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 7

8 Two key principles of the WTO A. Introduction Most Favoured Nation (MFN) & National treatment World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 8

9 Uruguay Round WTO 1A 1B 1C Multilateral agreements on trade in goods GATS TRIPS Dispute Settlement Understanding Trade Policy Review Mechanism Plurilateral trade agreements Marrakech Agreement establishing the WTO Signed on 15 April 1994 In force since 1 January 1995 World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 9

10 Are applicable to Production Feedstock and biofuels: Annex 1A Multilateral agreements on trade in Goods GATT 1994 (General Agreement on Tariffs and Trade) Understandings Marrakech Protocol 1A Multilateral agreements on trade in Goods Goods Agreements on: Agriculture Sanitary and phytosanitary measures Textiles and clothing (expired on 1º January 2005) Technical barriers to trade Trade-related investment measures (TRIMS) Antidumping Customs valuation Preshipment inspection Rules of origins Import licencing Subsidies and countervailing measures Safeguards 10

11 Classification issue Ethanol Biodiesel Production feedstock Biofuels Agricultural products Non-agricultural products Different legal regimes World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 11

12 Subsidies Agreement on Agriculture Applies to agricultural products only (as defined in Annex I) Amber, Green and Blue Box Support Agreement on Subsidies and Countervailing Duties applies to both agricultural and non-agricultural products prohibited, actionable, non-actionable subsidies Subsidies to production feedstock and/or biofuel production? World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 12

13 Subsidies Agreement on Agriculture Green Box, e.g. Annex Research 2 Payments under environmental programmes: (a) Eligibility for such payments shall be determined as part of a clearlydefined government environmental or conservation programme and be dependent on the fulfilment of specific conditions, including conditions related to production methods or inputs. (b) The amount of payment shall be limited to the extra costs or loss of income involved in complying with the government programme. Amber Box (i.e. most trade distorting support) All other support (except Green or Blue Box) Art.6.5 incl. measures directed at agricultural processors to the extent that such measures benefit the producers of the basic agricultural products World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 13

14 mber Box (AMS) Members with reduction commitments Argentina Iceland Morocco Chinese Taipei Australia Israel New Zealand Tajikistan Brazil Japan Norway Thailand Canada Jordan Papua New Guinea Tunisia Colombia Korea (Rep. of) Russia Ukraine Costa Rica Mexico Saudi Arabia United States European Union Moldova South Africa Venezuela FYR of Macedonia Montenegro Switzerland- Liechtenstein Vietnam 14

15 AMS Entitlements Table: AMS entitlements Final Bound Total AMS De minimis Country US$ million % Currency Value (value in 2016) 1 Argentina $ at the1992 rate 75,021, * 10 2 Australia $A million Brazil US$ thousand 912, Canada Can$ million 4, , Colombia US$ thousand 344, Costa Rica US$ thousand 15, European Communities (15) million 67, , European Union (28) 80, million 72,378.0 uncertified 8 FYR of Macedonia million Iceland SDR million Israel US$ thousand 568, Japan billion 3, , Jordan JD 1,333, Korea, Republic of W billion 1, , Mexico Mex$ 1991 million 25, ,164.4** Moldova SDR million Montenegro 333, Morocco DH million New Zealand $NZ million Norway Nkr million 11, , Papua New Guinea US$ million Russia US$ billion 4.4 4, Saudi Arabia SR million 3, South Africa R million 2, Switzerland Liechtenstein Sw F million 4, , Chinese Taipei NT$ million 14, Tajikistan US$ thousands 182,667 1, Thailand B million 19, Tunisia D million Ukraine UAH million 3, United States of America US$ million 19, , Venezuela US$ thousand 1,130, , Vietnam VND billion 3, ** 10 NB! De minimis is available to all Members 15

16 Subsidies Agreement on Subsidies and Countervailing Duties (ASCM) Prohibited subsidies: export incentive subsidies that are contingent on export performance, and local content subsidies granted for use of domestic inputs over imported goods Actionable subsidies: remedial measures if there is serious prejudice: imports into the market of the subsidizing country are displaced; exports to third country markets as a result of the subsidy are displaced; there is significant price suppression as a result of the subsidy; and there is an increase in world market share by the subsidizing country World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 16

17 Subsidies (cont d) Agreement on Subsidies and Countervailing Duties (ASCM) Non-Actionable Subsidies (Art. 8) (a) assistance for research activities conducted by firms or by higher education or research establishments (b) assistance to disadvantaged regions (c) assistance to promote adaptation of existing facilities to new environmental requirements imposed by law and/or regulations which result in greater constraints and financial burden on firms, provided that the assistance: (i) (ii) is a one-time non-recurring measure; and is limited to 20% of the cost of adaptation; and (iii) does not cover the cost of replacing and operating the assisted investment; and (iv) is directly linked to and proportionate to a firm s planned reduction of nuisances and pollution, ; and (v) is available to all firms Expired in 2000 World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 17

18 Agreement on Technical Barriers to Trade Mandatory and voluntary technical specifications for products for a variety if legitimate objectives, incl. environmental protection Conditions: non-discirmination no unnecessary obstacles to trade transparency Sustainability criteria World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 18

19 TBT: specific-trade concerns IMS ID Title Member(s) subject to STC Member(s) raising STC First date raised Russian Federation - Implementation plan related to excise tax on palm oïl and soda products (ID 500) Russian Federation Indonesia 09/03/2016 France - Amendment 367 on Biodiversity Law (ID France; European 499) Union Brazil; Indonesia 09/03/2016 European Union - Regulation (EU) No 1169/2011 of the European Parliament and of the Council of 25 October 2011 on the provision of food information to consumers establishes the general principles, requirements and responsibilities governing food information, and in particular food Indonesia; labelling (ID 431) European Union Malaysia 18/06/2014 United States EPA Palm Oil Biofuels Regulatory Program (ID 408) Spain Ministerial Order of the Government of Spain IET/822/2012, published on 21 April 2012 and in force as of 22 April 2012 (ID 346) European Union Directive 2009/28/CE, Renewable Energy Directive (EU - RED) (ID 307) Colombia Draft Decree Establishing Provisions to Promote the Use of Biofuels (ID 216) United States of America Last date raised Indonesia; Malaysia 30/10/ /03/2014 European Union; Spain Argentina 13/06/2012 Argentina; Indonesia; Malaysia; United European Union States of America 15/06/ /03/2014 Argentina; Mexico; Colombia European Union 18/03/ /03/2012 World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 19

20 Tariffs and export taxes Tariffs - cannot be challenged per se at the WTO if not above the bound levels Export taxes no disciplines, however the tax escalation may make a difference DS473: European Union Anti-Dumping Measures on Biodiesel from Argentina (Export tax on biodiesel = 5%, export tax on soy = 30%) World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 20

21 Prohibitions Article XI*: General Elimination of Quantitative Restrictions 1. No prohibitions or restrictions other than duties, taxes or other charges, whether made effective through quotas, import or export licences or other measures, on the importation or on the exportation or sale for export. 2. Exceptions (none of them is based on environmental consideration): (c) Import restrictions on any agricultural or fisheries product, imported in any form,* necessary to the enforcement of governmental measures which operate: (i) to restrict the quantities of the like domestic product permitted to be marketed or produced, (ii) to remove a temporary surplus of the like domestic product,.. (iii) to restrict the quantities permitted to be produced of any animal product the production of which is directly dependent,, on the imported commodity, 21

22 Prohibitions/restrictions through multilateral environmental agreements Examples: the Montreal Protocol for the protection of the ozone layer the Basel Convention on the trade or transportation of hazardous waste across international borders, and the Convention on International Trade in Endangered Species (CITES) Priority given to the domestic environmental policies World Trade Organization/ 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 22

23 GATT Article XX - General Exceptions Allows to take measures: (g) relating to the conservation of exhaustible natural resources if such measures are made effective in conjunction with restrictions on domestic production or consumption that are not applied in a manner which would constitute: a means of arbitrary or unjustifiable discrimination between countries where the same conditions prevail, or a disguised restriction on international trade World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 23

24 Conclusion Environmental protection is a legitimate policy objective under the WTO disciplines Policy space available for both: production feedstock and biofuels, e.g. tariffs subsidies technical regulations Implementation is crucial non discrimination (MFN / National treatment) no unnecessary trade obstacle least trade distortive Information on the actual use of these measures is very fragmented World Trade Organization / 154, rue de Lausanne / 1211 Geneva 21 / Switzerland / ulla.kask@wto.org 24

25 For more information: Trade and environment Agriculture Agricultural Information Management System Technical Barriers to Trade Information Management System Documents online

GATT Obligations: -Shailja Singh Assistant Professor Centre for WTO Studies, New Delhi

GATT Obligations: -Shailja Singh Assistant Professor Centre for WTO Studies, New Delhi GATT Obligations: Article I (MFN), II (Bound Rates), III (National Treatment), XI (QRs), XX (Exceptions) and XXIV (FTAs) March 06, 2012 -Shailja Singh Assistant Professor Centre for WTO Studies, New Delhi

More information

GATT Obligations: Article I (MFN), II (Bound Rates), III (National Treatment), XI (QRs), XX (Exceptions) and XXIV (FTAs) -Shailja Singh

GATT Obligations: Article I (MFN), II (Bound Rates), III (National Treatment), XI (QRs), XX (Exceptions) and XXIV (FTAs) -Shailja Singh GATT Obligations: Article I (MFN), II (Bound Rates), III (National Treatment), XI (QRs), XX (Exceptions) and XXIV (FTAs) -Shailja Singh Assistant Professor Centre for WTO Studies, New Delhi GATT - Structure

More information

Agreement on Agriculture: Three pillars

Agreement on Agriculture: Three pillars Agreement on Agriculture: Three pillars Edinburgh 1-4 October 2017 Edwini Kessie Director Agriculture and Commodities Division edwini.kessie@wto.org OUTLINE Chronology of development of multilateral rules

More information

Classifying Barriers to Trade. Abhijit Das Professor and Head Centre for WTO Studies

Classifying Barriers to Trade. Abhijit Das Professor and Head Centre for WTO Studies Classifying Barriers to Trade Abhijit Das Professor and Head Centre for WTO Studies Structure of Presentation What is an NTM and possible action against them WTO provisions relevant for NTMs UNCTAD NTM

More information

World Trade Organization: Its Genesis and Functioning. Shashank Priya Professor Centre for WTO Studies Indian Institute of Foreign Trade

World Trade Organization: Its Genesis and Functioning. Shashank Priya Professor Centre for WTO Studies Indian Institute of Foreign Trade World Trade Organization: Its Genesis and Functioning Shashank Priya Professor Centre for WTO Studies Indian Institute of Foreign Trade Genesis of the Multilateral Trading System In 1944, Bretton Woods

More information

Agriculture Subsidies and Trade. US$ Billion

Agriculture Subsidies and Trade. US$ Billion 1 Agriculture Subsidies and Trade 600 500 166 US$ Billion 400 300 200 21 378 100 210 0 Total subsidies Total exports Developed countries Developing countries 2 % Average Tariffs 70 60 50 62 40 30 20 29

More information

Notification requirements: Special Safeguard Tables MA:3, MA:4 and MA:5

Notification requirements: Special Safeguard Tables MA:3, MA:4 and MA:5 Workshop on Agriculture Notifications Geneva, Switzerland, 18-21 September 2012 Notification requirements: Special Safeguard Tables MA:3, MA:4 and MA:5 Notification requirements Special Safeguard (SSG):

More information

WTO s MC10: Agriculture Negotiations Public Stockholding

WTO s MC10: Agriculture Negotiations Public Stockholding WTO s MC10: Agriculture Negotiations Public Stockholding Public stockholding programmes have over the past decades proven themselves to be very effective instruments for supporting domestic producers in

More information

GATT Council's Evaluation

GATT Council's Evaluation CENTRE WILLIAM-RAPPARD, RUE DE LAUSANNE 154, 1211 GENÈVE 21, TÉL. 022 739 5111 GATT/1611 27 January 1994 TRADE POLICY REVIEW OF TURKEY ' 20-21 JANUARY 1994 GATT Council's Evaluation The GATT Council conducted

More information

NATIONAL TREATMENT PRINCIPLE

NATIONAL TREATMENT PRINCIPLE Chapter 2 NATIONAL TREATMENT PRINCIPLE 1. OVERVIEW OF RULES National treatment (GATT Article III) stands alongside MFN treatment as one of the central principles of the WTO Agreement. Under the national

More information

PROTOCOL ON THE ACCESSION OF THE PEOPLE'S REPUBLIC OF ClDNA. Preamble

PROTOCOL ON THE ACCESSION OF THE PEOPLE'S REPUBLIC OF ClDNA. Preamble PROTOCOL ON THE ACCESSION OF THE PEOPLE'S REPUBLIC OF ClDNA Preamble The World Trade Organization ("WTO"), pursuant to the approval of the Ministerial Conference of the WTO accorded under Article XII of

More information

Understanding the WTO Agreement on Government Procurement

Understanding the WTO Agreement on Government Procurement Understanding the WTO Agreement on Government Procurement Jianning Chen, Legal Affairs Officer World Trade Organization Bangkok 26 May 2016 Content I. What is the WTO Agreement on Government Procurement?

More information

Article XI* General Elimination of Quantitative Restrictions

Article XI* General Elimination of Quantitative Restrictions 1 ARTICLE XI... 1 1.1 Text of Article XI... 1 1.2 Text of note ad Article XI... 2 1.3 Article XI:1... 2 1.3.1 Trade balancing requirements... 2 1.3.2 Restrictions on circumstances of importation... 3 1.3.3

More information

Overview of WTO Rules: Subsidies and Trade Remedies. Prof. Mukesh Bhatnagar Centre for WTO Studies IIFT, New Delhi

Overview of WTO Rules: Subsidies and Trade Remedies. Prof. Mukesh Bhatnagar Centre for WTO Studies IIFT, New Delhi Overview of WTO Rules: Subsidies and Trade Remedies Prof. Mukesh Bhatnagar Centre for WTO Studies IIFT, New Delhi Email: mbhatnagar@nic.in Trade Remedies WTO Members aspire for free trade However, free

More information

WTO Agreement on Agriculture. Bishkek, 26 May 2015

WTO Agreement on Agriculture. Bishkek, 26 May 2015 WTO Agreement on Agriculture diwakar.dixit@wto.org Bishkek, 26 May 2015 Came into effect in 1995 Covers three areas/pillars: Market access (border measures) Domestic support Export competition Coverage/scope:

More information

Detailed Presentation of Domestic Support

Detailed Presentation of Domestic Support WTO E-LEARNING COPYRIGHT 12 Detailed Presentation of Domestic Support OBJECTIVES Present the second pillar of the Agreement on Agriculture: Domestic Support Outline the Conceptual Framework of the rules

More information

CONTENTS. 1 International trade and the law of the WTO 1. 2 The World Trade Organization 74

CONTENTS. 1 International trade and the law of the WTO 1. 2 The World Trade Organization 74 CONTENTS List of figures xv Preface xvii Table of WTO cases xix Table of GATT cases liii 1 International trade and the law of the WTO 1 1 Introduction 1 2 Economic globalisation and international trade

More information

TRADE POLICY REVIEW OF MALAYSIA JULY GATT Council's Evaluation

TRADE POLICY REVIEW OF MALAYSIA JULY GATT Council's Evaluation CENTRE WILLIAM-RAPPARD, RUE DE LAUSANNE 154, 1211 GENÈVE 21, TÉL. 022 7395111 I 20 July 1993 TRADE POLICY REVIEW OF MALAYSIA 19-20 JULY 1993 GATT Council's Evaluation The GATT Council conducted its first

More information

Accession to the WTO Process and Practice

Accession to the WTO Process and Practice Accession to the WTO Process and Practice Sajal Mathur Economic Affairs Officer Accessions Division WTO Accessions - Overview GATT/WTO m ship has increased 23 in 1947/8 Around 125 Members in 1995 147 Members

More information

Non-Agricultural Market Access (NAMA)

Non-Agricultural Market Access (NAMA) Non-Agricultural Market Access (NAMA) Prepared by Wenguo Cai The Conference Board of Canada Jakarta, Indonesia September 9-10, 2015 1 Presentation Outline History of GATT and NAMA DDA NAMA negotiations

More information

Construction and related engineering services

Construction and related engineering services Construction and related engineering services Session 4: Negotiations in the GATS Issues and debates Claudia Locatelli Trade in Services Division World Trade Organisation 1 2 Topics 1. Leading exporters

More information

World Trade Law. Text, Materials and Commentary. Simon Lester and Bryan Mercurio with Arwel Davies and Kara Leitner

World Trade Law. Text, Materials and Commentary. Simon Lester and Bryan Mercurio with Arwel Davies and Kara Leitner World Trade Law Text, Materials and Commentary Simon Lester and Bryan Mercurio with Arwel Davies and Kara Leitner HART- PUBLISHING OXFORD AND PORTLAND, OREGON 2008 Part I Introduction to the Legal and

More information

Elements of a Trade and Climate Code

Elements of a Trade and Climate Code 5 Elements of a Trade and Climate Code A Code of Good WTO Practice on Greenhouse Gas Emissions Controls should delineate a large green space for measures that are designed to limit greenhouse gas emissions

More information

TRADE-RELATED INVESTMENT MEASURES

TRADE-RELATED INVESTMENT MEASURES CHAPTER 9 Chapter 9: Trade-related Investment Measures TRADE-RELATED INVESTMENT MEASURES OVERVIEW OF RULES 1. BACKGROUND OF THE RULES After the late 1980s, a significant increase in foreign direct investment,

More information

Anti-dumping and Subsidy Issues in Agricultural Trade. Presentation by G. Tereposky Thomas & Partners CATPRN Workshop 6 March 2005

Anti-dumping and Subsidy Issues in Agricultural Trade. Presentation by G. Tereposky Thomas & Partners CATPRN Workshop 6 March 2005 Anti-dumping and Subsidy Issues in Agricultural Trade Presentation by G. Tereposky Thomas & Partners CATPRN Workshop 6 March 2005 Overview of Presentation 1. Introduction 2. What is dumping? 3. What is

More information

QUANTITATIVE RESTRICTIONS

QUANTITATIVE RESTRICTIONS Chapter 3 QUANTITATIVE RESTRICTIONS 1. OVERVIEW OF RULES Article XI of the GATT generally prohibits quantitative restrictions on the importation or the exportation of any product by stating No prohibitions

More information

ANNEX. to the. Recommendation for a Council Decision. authorising the opening of negotiations for a Free Trade Agreement with New Zealand

ANNEX. to the. Recommendation for a Council Decision. authorising the opening of negotiations for a Free Trade Agreement with New Zealand EUROPEAN COMMISSION Brussels, 13.9.2017 COM(2017) 469 final ANNEX 1 ANNEX to the Recommendation for a Council Decision authorising the opening of negotiations for a Free Trade Agreement with New Zealand

More information

Plurilateralism: A New Way of Trade Liberalism?

Plurilateralism: A New Way of Trade Liberalism? Plurilateralism: A New Way of Trade Liberalism? E-Leader Vienna 6 8 June, 2016 Ludmila Sterbova University of Economics, Prague Historical Background of Trade Liberalism/1 20 th Century 1929-30 Great Depression

More information

Services Regulation and Finance

Services Regulation and Finance Services Regulation and Finance Marc Maes, 11.11.11 @ CSO Strategy Meeting on Advocacy Around Africa s Trade ad Development Challenges Accra, 2-3 March 2016 Financial services (de-)regulation in trade

More information

Pakistan s position on July Framework Issues: 1.1 Agriculture

Pakistan s position on July Framework Issues: 1.1 Agriculture Pakistan s position on July Framework Issues: 1.1 Agriculture As far as negotiations on agriculture are concerned, market access to highly protected markets of the EU and huge subsidies provided by the

More information

Border Measures: Legal Issues in International Trade

Border Measures: Legal Issues in International Trade Border Measures: Legal Issues in International Trade For Asia Trade and Climate Change Dialogue Bangkok, 30 April 1 May 2009 by ITD, IISD and ICTSD Chang-fa Lo NTU Chair Professor/Lifetime Distinguished

More information

World Trade Organization

World Trade Organization World Trade Organization The World Trade Organization came into being in 1995. One of the youngest of the international organizations, the WTO is the successor to the General Agreement on Tariffs and Trade

More information

Services Trade: Essential Fuel for U.S. and Global Economic Growth

Services Trade: Essential Fuel for U.S. and Global Economic Growth Services Trade: Essential Fuel for U.S. and Global Economic Growth CHRISTINE BLISS, PRESIDENT, THE COALITION OF SERVICES INDUSTRIES SERVICESCOALITION.ORG The Role of Services in the U.S. Economy The United

More information

Uruguay Round. The GATT. A Negotiating History ( ) KLUWER LAW INTERNATIONAL TERENCE P. STEWART, EDITOR VOLUME IV: THE END GAME (PART I)

Uruguay Round. The GATT. A Negotiating History ( ) KLUWER LAW INTERNATIONAL TERENCE P. STEWART, EDITOR VOLUME IV: THE END GAME (PART I) The GATT Uruguay Round A Negotiating History (1986-1994) TERENCE P. STEWART, EDITOR VOLUME IV: THE END GAME (PART I) KLUWER LAW INTERNATIONAL The Hague London Boston TABLE OF CONTENTS Introduction xxi

More information

PART I CHAPTER 1 MOST-FAVOURED-NATION TREATMENT PRINCIPLE

PART I CHAPTER 1 MOST-FAVOURED-NATION TREATMENT PRINCIPLE PART I CHAPTER 1 MOST-FAVOURED-NATION TREATMENT PRINCIPLE 1. OVERVIEW OF RULES (1) The Background of Rules: Most-Favoured-Nation Treatment (MFN) Most-Favoured-Nation treatment or MFN, which requires Members

More information

Presentation by Economy Under Review - Chile

Presentation by Economy Under Review - Chile 2008/SOM3/013anx3 Agenda Item: IV Presentation by Economy Under Review - Chile Purpose: Consideration Submitted by: APEC Secretariat Third Senior Officials Meeting Lima, Peru 22-23 August 2008 CHILE IAP

More information

Role of international trade rules in the current economic crisis

Role of international trade rules in the current economic crisis Role of international trade rules in the current economic crisis E-Leader Conference Tallinn, 8 10 June, 2009 Ludmila Sterbova University of Economics Prague, Czech Republic Consequences of the crisis

More information

Ratnakar Adhikari. Presented at Training on International Trading System 7-9 February 2012, Lalitpur

Ratnakar Adhikari. Presented at Training on International Trading System 7-9 February 2012, Lalitpur Ratnakar Adhikari Presented at Training on International Trading System 7-9 February 2012, Lalitpur Historical background WTO in a nutshell Major agreements of the WTO 17 years of WTO Recent developments

More information

Chapter 4 TARIFFS 1. OVERVIEW OF RULES. Definition of Tariff. Functions of Tariffs

Chapter 4 TARIFFS 1. OVERVIEW OF RULES. Definition of Tariff. Functions of Tariffs Chapter 4 TARIFFS 1. OVERVIEW OF RULES Tariffs are the most common kind of barrier to trade; indeed, one purpose of the WTO is to enable members to negotiate mutual tariff reductions. Before we consider

More information

NATIONAL TREATMENT PRINCIPLE

NATIONAL TREATMENT PRINCIPLE Chapter 2 National Treatment Principle Chapter 2 NATIONAL TREATMENT PRINCIPLE OVERVIEW OF RULES National treatment (GATT Article III) stands alongside MFN treatment as one of the central principles of

More information

THE GLOBAL TRADE ENVIRONMENT: MORE THAN JUST TARIFFS ROOM 314 DECEMBER 5, 2018

THE GLOBAL TRADE ENVIRONMENT: MORE THAN JUST TARIFFS ROOM 314 DECEMBER 5, 2018 THE GLOBAL TRADE ENVIRONMENT: MORE THAN JUST TARIFFS ROOM 314 DECEMBER 5, 2018 Speakers Julie Adams Vice President, ABC Global Technical/Regulatory Affairs Craig Thorn Partner, DTB Associates LLP 2 The

More information

Part I: Problems of Trade Policies and Measures in Individual Countries and Regions

Part I: Problems of Trade Policies and Measures in Individual Countries and Regions TABLE OF CONTENTS Page List pf Sub-Committee on Unfair Trade Policies and Measures... iii METI Priorities Based on the 2017 Report on Compliance by Major Trading Partners with Trade Agreements (May 23,

More information

Environmental Goods Agreement (EGA) negotiations Civil Society Dialogue meeting 13 September 2016

Environmental Goods Agreement (EGA) negotiations Civil Society Dialogue meeting 13 September 2016 Environmental Goods Agreement (EGA) negotiations Civil Society Dialogue meeting 13 September 2016 Disclaimer: All images and photographs in this presentation are used purely for purposes of demonstration

More information

ANNEX 2: Methodology and data of the Starting a Foreign Investment indicators

ANNEX 2: Methodology and data of the Starting a Foreign Investment indicators ANNEX 2: Methodology and data of the Starting a Foreign Investment indicators Methodology The Starting a Foreign Investment indicators quantify several aspects of business establishment regimes important

More information

The Denunciation of the Sugar Protocol

The Denunciation of the Sugar Protocol The Denunciation of the Sugar Protocol WTO Dispute Settlement, EU Domestic Reform, and the Legal Status of the Sugar Protocol WTO Appellate Body Research Series Geneva, February 28, 2008 Issue of Concern

More information

Investment and Sustainable Development: Developing Country Choices for a Better Future

Investment and Sustainable Development: Developing Country Choices for a Better Future The Fifth Annual Forum of Developing Country Investment Negotiators 17-19 October, Kampala, Uganda Investment and Sustainable Development: Developing Country Choices for a Better Future BACKGROUND DOCUMENT

More information

Article 5. Notification and Transitional Arrangements

Article 5. Notification and Transitional Arrangements 1 ARTICLE 5... 1 1.1 Text of Article 5... 1 1.2 Article 5.1: Notification of TRIMs... 2 1.3 Article 5.2: Elimination of TRIMs... 4 1.4 Article 5.3: Extension of transition periods... 5 1.5 Article 5.5:

More information

ENHANCING TRADE AND INVESTMENT, SUPPORTING JOBS, ECONOMIC GROWTH AND DEVELOPMENT: OUTLINES OF THE TRANS-PACIFIC PARTNERSHIP AGREEMENT

ENHANCING TRADE AND INVESTMENT, SUPPORTING JOBS, ECONOMIC GROWTH AND DEVELOPMENT: OUTLINES OF THE TRANS-PACIFIC PARTNERSHIP AGREEMENT OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE EXECUTIVE OFFICE OF THE PRESIDENT WASHINGTON, D.C. ENHANCING TRADE AND INVESTMENT, SUPPORTING JOBS, ECONOMIC GROWTH AND DEVELOPMENT: OUTLINES OF THE TRANS-PACIFIC

More information

Equivalence Recognition in Free Trade Agreements in the Asia-Pacific Region

Equivalence Recognition in Free Trade Agreements in the Asia-Pacific Region 2018/SCSC/WKSP4/004 Session: 3 Equivalence Recognition in Free Trade Agreements in the Asia-Pacific Region Submitted by: ASEAN Workshop on Trade Facilitation Through the Recognition of Food Safety Systems

More information

DECISION No 2/2000 OF THE EC-MEXICO JOINT COUNCIL of 23 March 2000 (2000/415/EC)

DECISION No 2/2000 OF THE EC-MEXICO JOINT COUNCIL of 23 March 2000 (2000/415/EC) L 157/10 DECISION No 2/2000 OF THE EC-MEXICO JOINT COUNCIL of 23 March 2000 (2000/415/EC) THE JOINT COUNCIL, Having regard to the Interim Agreement on trade and traderelated matters between the European

More information

Course on WTO Law and Jurisprudence Part I: Basic WTO Legal Principles

Course on WTO Law and Jurisprudence Part I: Basic WTO Legal Principles Course on WTO Law and Jurisprudence Part I: Basic WTO Legal Principles The Agreement on Agriculture (II) Session 23 12 May 2016 DOMESTIC SUPPORT UNDER THE AOA In WTO non-legal terminology, domestic subsidies

More information

WTO disciplines on Domestic support. Belgorod, Russian Federation 20 November 2013

WTO disciplines on Domestic support. Belgorod, Russian Federation 20 November 2013 WTO disciplines on Domestic support Diwakar.dixit@wto.org Belgorod, Russian Federation 20 November 2013 Agreement on Agriculture* Covers three areas/pillars: Market access (border measures) Export competition

More information

PROMOTING HUMAN DEVELOPMENT IN TRADE NEGOTIATIONS: AN ACTION PLAN FOR CAMBODIA

PROMOTING HUMAN DEVELOPMENT IN TRADE NEGOTIATIONS: AN ACTION PLAN FOR CAMBODIA PROMOTING HUMAN DEVELOPMENT IN TRADE NEGOTIATIONS: AN ACTION PLAN FOR CAMBODIA Fabio Napoletano & Un Sinath EIC Consultant & EIC Researcher 1 Contents Objective Major findings 1. Organic rice and Coventionally

More information

Economy Report: Korea

Economy Report: Korea 2005/FTA-RTA/WKSP/013 Economy Report: Korea Submitted by: Ms. Hyo-eun Jenny KIM, Korea Workshop on Identifying and Addressing Possible Impacts of RTAs/FTAs Development on APEC Developing Member Economies

More information

Written evidence submitted by the British Retail Consortium (BRC) (TB10)

Written evidence submitted by the British Retail Consortium (BRC) (TB10) Written evidence submitted by the British Retail Consortium (BRC) (TB10) Executive Summary Key BRC priority on Trade Bill is to ensure the transitioning of more than 60 free trade and associated bilateral

More information

NATIONAL TREATMENT PRINCIPLE

NATIONAL TREATMENT PRINCIPLE CHAPTER 2 Chapter 2: National Treatment Principle NATIONAL TREATMENT PRINCIPLE A. OVERVIEW OF RULES 1. BACKGROUND OF THE RULES National treatment stands alongside MFN treatment as one of the central principles

More information

CHAPTER 17 EXCEPTIONS

CHAPTER 17 EXCEPTIONS CHAPTER 17 EXCEPTIONS Article 200 General Exceptions 1. For the purposes of this Agreement, Article XX of GATT 1994 and its interpretative notes and Article XIV of GATS (including its footnotes) are incorporated

More information

Summary 715 SUMMARY. Minimum Legal Fee Schedule. Loser Pays Statute. Prohibition Against Legal Advertising / Soliciting of Pro bono

Summary 715 SUMMARY. Minimum Legal Fee Schedule. Loser Pays Statute. Prohibition Against Legal Advertising / Soliciting of Pro bono Summary Country Fee Aid Angola No No No Argentina No, with No No No Armenia, with No No No No, however the foreign Attorneys need to be registered at the Chamber of Advocates to be able to practice attorney

More information

TRADE BILL EXPLANATORY NOTES

TRADE BILL EXPLANATORY NOTES TRADE BILL EXPLANATORY NOTES What these notes do These Explanatory Notes relate to the Trade Bill as introduced in the House of Commons on 7 November 2017. These Explanatory Notes have been prepared by

More information

TARIFFS. Chapter 4 1. OVERVIEW OF RULES. Definition of Tariff. Functions of Tariffs

TARIFFS. Chapter 4 1. OVERVIEW OF RULES. Definition of Tariff. Functions of Tariffs Chapter 4 TARIFFS 1. OVERVIEW OF RULES Tariffs are the most common kind of barrier to trade; indeed, one purpose of the WTO is to enable members to negotiate mutual tariff reductions. Before we consider

More information

Who are they?! Countries that negotiated and joined the WTO after 1995 under Art. XII of Marrakesh Agreement (open membership)

Who are they?! Countries that negotiated and joined the WTO after 1995 under Art. XII of Marrakesh Agreement (open membership) Hilda Al-Hinai Who are they?! Countries that negotiated and joined the WTO after 1995 under Art. XII of Marrakesh Agreement (open membership) 2 We note with particular satisfaction that this Conference

More information

The Doha Development Agenda Round.

The Doha Development Agenda Round. The Doha Development Agenda Round. What has happened so far, where we are now and what s ahead Giovanni Anania Department of Economics and Statistics University of Calabria, Italy 1 the negotiations on

More information

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%)

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%) Double Tax Treaties DTA Country Withholding Tax Rates (%) Albania 0 0 5/10 1 No No No Armenia 5/10 9 0 5/10 1 Yes 2 No Yes Australia 10 0 15 No No No Austria 0 0 10 No No No Azerbaijan 8 0 8 Yes No Yes

More information

A Health Impact Assessment of the Trans- Pacific Partnership Agreement: Few Gains, Many Risks

A Health Impact Assessment of the Trans- Pacific Partnership Agreement: Few Gains, Many Risks A Health Impact Assessment of the Trans- Pacific Partnership Agreement: Few Gains, Many Risks Ronald Labonté Canada Research Chair, Globalization and Health Equity Professor, Faculty of Medicine, University

More information

National Interest Analysis

National Interest Analysis National Interest Analysis Date of proposed binding Treaty action Scope Reasons for New Zealand to become party to the Treaty Impacts on New Zealand of the Treaty entering into force Obligations Economic,

More information

Investment Policy Liberalization and Cooperation in ASEAN: Thailand s View

Investment Policy Liberalization and Cooperation in ASEAN: Thailand s View Investment Policy Liberalization and Cooperation in ASEAN: Thailand s View By Jaratrus Chamratrithirong 18 November 2010 Jakarta Roadmap Investment Policy Liberalization and Cooperation in ASEAN: An Overview

More information

Event 1. Module 3. Key Elements of IIAs and their impact on domestic reform Session Two: The rules of the game on investment incentives

Event 1. Module 3. Key Elements of IIAs and their impact on domestic reform Session Two: The rules of the game on investment incentives Event 1. Module 3. Key Elements of IIAs and their impact on domestic reform Session Two: The rules of the game on investment incentives Context: understanding the political economy of investment incentives

More information

Legal Options for Adjusting Emissions Costs among Countries

Legal Options for Adjusting Emissions Costs among Countries Legal Options for Adjusting Emissions Costs among Countries Dr. Kateryna Holzer University of Bern, World Trade Institute; NCCR Trade Regulation Presentation at the Research Factory of the Faculty of Business

More information

Workshop on Agriculture Notifications Geneva, September 2009 Domestic support

Workshop on Agriculture Notifications Geneva, September 2009 Domestic support Workshop on Agriculture Notifications Geneva, 22-24 September 2009 Domestic support alicja.wielgus@wto.org Who? When? Notification requirements Table DS:1 What domestic support policies? Format? Data needs?

More information

Regional Trade Agreements and the WTO: WTO Consistency of East Asian RTAs

Regional Trade Agreements and the WTO: WTO Consistency of East Asian RTAs Regional Trade Agreements and the WTO: WTO Consistency of East Asian RTAs Seung Wha CHANG Professor of Law Seoul National University September 12-13 I. Introduction 1. East Asian RTAs in Effect (as of

More information

Plurilateral Agreements: A viable alternative to the WTO? March 11, 2013 Michitaka NAKATOMI Special Advisor, JETRO Consulting Fellow, RIETI

Plurilateral Agreements: A viable alternative to the WTO? March 11, 2013 Michitaka NAKATOMI Special Advisor, JETRO Consulting Fellow, RIETI Plurilateral Agreements: A viable alternative to the WTO? March 11, 2013 Michitaka NAKATOMI Special Advisor, JETRO Consulting Fellow, RIETI 1 Ⅰ. Why Plurilateral Agreements? ( First of All ) Multilateral

More information

Brexit and Food Law The default WTO rules. Brian Kelly

Brexit and Food Law The default WTO rules. Brian Kelly Brexit and Food Law The default WTO rules Brian Kelly bkelly@cov.com Overview of Covington In an increasingly regulated world, we have an exceptional ability to navigate clients through their most complex

More information

MOST-FAVOURED-NATION TREATMENT PRINCIPLE

MOST-FAVOURED-NATION TREATMENT PRINCIPLE Chapter 1: Most-Favoured Nation Treatment Principle CHAPTER 1 MOST-FAVOURED-NATION TREATMENT PRINCIPLE A. OVERVIEW OF RULES 1. BACKGROUND OF THE RULES Most-Favoured-Nation ( MFN ) treatment requires Members

More information

GENERAL AGREEMENT ON TARIFFS AND TRADE

GENERAL AGREEMENT ON TARIFFS AND TRADE GENERAL AGREEMENT ON TARIFFS AND TRADE MIN DEC 20 September 1986 Multilateral Trade Negotiations The Uruguay Round MINISTERIAL DECLARATION ON THE URUGUAY ROUND Ministers, meeting on the occasion of the

More information

TOOL #26. EXTERNAL TRADE AND INVESTMENT

TOOL #26. EXTERNAL TRADE AND INVESTMENT TOOL #26. EXTERNAL TRADE AND INVESTMENT 1. INTRODUCTION External trade and investment are powerful engines for growth and job creation. As tariffs have largely been dismantled, disproportionate regulatory

More information

NATIONAL TREATMENT PRINCIPLE. Chapter 2 1. OVERVIEW OF RULES. 1) Background of the Rules. 2) Legal Framework GATT ARTICLE III

NATIONAL TREATMENT PRINCIPLE. Chapter 2 1. OVERVIEW OF RULES. 1) Background of the Rules. 2) Legal Framework GATT ARTICLE III Chapter 2 NATIONAL TREATMENT 1) Background of the Rules PRINCIPLE 1. OVERVIEW OF RULES National treatment stands alongside MFN treatment as one of the central principles of the WTO Agreement. Under the

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 3/7/2018 Imports by Volume (Gallons per Country) YTD YTD Country 01/2017 01/2018 % Change 2017 2018 % Change MEXICO 54,235,419 58,937,856 8.7 % 54,235,419 58,937,856 8.7 % NETHERLANDS 12,265,935 10,356,183

More information

( ) Page: 1/191 OVERVIEW OF DEVELOPMENTS IN THE INTERNATIONAL TRADING ENVIRONMENT ANNUAL REPORT BY THE DIRECTOR-GENERAL 1

( ) Page: 1/191 OVERVIEW OF DEVELOPMENTS IN THE INTERNATIONAL TRADING ENVIRONMENT ANNUAL REPORT BY THE DIRECTOR-GENERAL 1 17 November 2015 (15-6094) Page: 1/191 Trade Policy Review Body OVERVIEW OF DEVELOPMENTS IN THE INTERNATIONAL TRADING ENVIRONMENT ANNUAL REPORT BY THE DIRECTOR-GENERAL 1 (Mid-October 2014 to mid-october

More information

MOST-FAVOURED-NATION TREATMENT PRINCIPLE

MOST-FAVOURED-NATION TREATMENT PRINCIPLE Chapter 1: Most-Favoured Nation Treatment Principle CHAPTER 1 MOST-FAVOURED-NATION TREATMENT PRINCIPLE OVERVIEW OF RULES 1. BACKGROUND OF THE RULES Most-Favoured-Nation ( MFN ) treatment requires Members

More information

REGIONAL INTEGRATION. Chapter OVERVIEW OF RULES

REGIONAL INTEGRATION. Chapter OVERVIEW OF RULES Chapter 15 REGIONAL INTEGRATION 1. OVERVIEW OF RULES Economic globalization based on the GATT/WTO and IMF systems has sustained the world economy since World War II. In both developed and developing countries,

More information

Summary of negotiating objectives

Summary of negotiating objectives Summary of negotiating objectives On 29 October 2015 New Zealand and European Union (EU) leaders announced the intention to start the process for negotiations to achieve swiftly a deep and comprehensive

More information

CONVENTION ESTABLISHING THE EUROPEAN FREE TRADE ASSOCIATION. Consolidated version, last amended on 20 September 2010

CONVENTION ESTABLISHING THE EUROPEAN FREE TRADE ASSOCIATION. Consolidated version, last amended on 20 September 2010 CONVENTION ESTABLISHING THE EUROPEAN FREE TRADE ASSOCIATION Consolidated version, last amended on 20 September 2010 THE EUROPEAN FREE TRADE ASSOCIATION 9-11, Rue de Varembé Geneva Convention establishing

More information

TRADE-RELATED INVESTMENT MEASURES

TRADE-RELATED INVESTMENT MEASURES Chapter 8 TRADE-RELATED INVESTMENT MEASURES 1. OVERVIEW OF RULES After the late 1980s, a significant increase in foreign direct investment, especially in developing countries, took place throughout the

More information

1of 23. Learning Objectives

1of 23. Learning Objectives Learning Objectives 1. Describe the various situations in which a country may rationally choose to protect some industries. 2. List the most common fallacious arguments in favour of protection. 3. Explain

More information

International trade transparency: the issue in the World Trade Organization

International trade transparency: the issue in the World Trade Organization Magalhães 11 International trade transparency: the issue in the World Trade Organization João Magalhães Introduction I was asked to participate in the discussion on international trade transparency with

More information

Green trade liberalisation - Green Goods Initiative

Green trade liberalisation - Green Goods Initiative Green trade liberalisation - Green Goods Initiative Civil society meeting, 11 June 2014 1. What are green/environmental goods and services? Term used in the Doha Ministerial Declaration/DDA negotiations

More information

THE WTO AGREEMENTS AGRICULTURE

THE WTO AGREEMENTS AGRICULTURE THE WTO AGREEMENTS S 3E R I E S AGRICULTURE 1 This booklet is available in English, French and Spanish. Price 30 Swiss francs. ISBN 92-870-1171-0 ISSN 1020-4768 Printed in Switzerland, I-2000-2,500 World

More information

Jurisprudence on the Scope and. Article XI (Quantitative Restrictions) and Justifications GABRIELLE MARCEAU AND JULIA KUELZOW

Jurisprudence on the Scope and. Article XI (Quantitative Restrictions) and Justifications GABRIELLE MARCEAU AND JULIA KUELZOW Capacity Building Workshop on the Notification of Quantitative Restrictions Tuesday, 24 April 2018 Open Ended Workshop (Room D) Jurisprudence on the Scope and Meaning of the Obligation under GATT Article

More information

Note on Revisions. Investing Across Borders 2010 Report

Note on Revisions. Investing Across Borders 2010 Report Note on Revisions Last revision: August 30, 2011 Investing Across Borders 2010 Report This note documents all data and revisions to the Investing Across Borders (IAB) 2010 report since its release on July

More information

Third Bruges European Business Conference Trade and Investment Challenges for European Business 20 March 2012, College of Europe, Bruges

Third Bruges European Business Conference Trade and Investment Challenges for European Business 20 March 2012, College of Europe, Bruges In Partnership with: Third Bruges European Business Conference Trade and Investment Challenges for European Business 20 March 2012, College of Europe, Bruges Horizontal business issues of market access

More information

TPP11 Agreement in Principle: Japan s Role in Mega-regional Trade Agreements

TPP11 Agreement in Principle: Japan s Role in Mega-regional Trade Agreements TPP11 Agreement in Principle: Japan s Role in Mega-regional Trade Agreements December 15, 2017 Shujiro URATA Waseda University Contents Mega-regional FTA Negotiations Japan s objectives behind mega-regional

More information

Scale of Assessment of Members' Contributions for 2008

Scale of Assessment of Members' Contributions for 2008 General Conference GC(51)/21 Date: 28 August 2007 General Distribution Original: English Fifty-first regular session Item 13 of the provisional agenda (GC(51)/1) Scale of Assessment of s' Contributions

More information

2,2TRN USD.$ 182,7 20MLN.SQ. THE MEMBER STATES OF THE EURASIAN ECONOMIC UNION. The Republic of Armenia joined the EAEU on 2 January 2015

2,2TRN USD.$ 182,7 20MLN.SQ. THE MEMBER STATES OF THE EURASIAN ECONOMIC UNION. The Republic of Armenia joined the EAEU on 2 January 2015 Vienna 2017 THE MEMBER STATES OF THE EURASIAN ECONOMIC UNION The Republic of Armenia joined the EAEU on 2 January 2015 GDP 2,2TRN USD.$ The Kyrgyz Republic joined the EAEU on 12 August 2015 POPULATION

More information

Key Principles of the SPS & TBT Agreements. Gretchen H. Stanton Agriculture and Commodities Division World Trade Organization

Key Principles of the SPS & TBT Agreements. Gretchen H. Stanton Agriculture and Commodities Division World Trade Organization Key Principles of the SPS & TBT Agreements Gretchen H. Stanton Agriculture and Commodities Division World Trade Organization Principles of the Agreements on Sanitary and Phytosanitary Measures (SPS) Technical

More information

e_tit_trade.jpg (4825 bytes)

e_tit_trade.jpg (4825 bytes) e_tit_trade.jpg (4825 bytes) TITLE The World Trade Organization Agreement on textiles and clothing (ATC) Informative Note November 1999 AUTHOR Permanent Secretariat of SELA. I. Background 1. International

More information

No. WP/ECO/DTL/08/01. Regional Trade Arrangements, Generalized System of Preferences and Dispute Settlement in the WTO.

No. WP/ECO/DTL/08/01. Regional Trade Arrangements, Generalized System of Preferences and Dispute Settlement in the WTO. WORKING PAPER No. WP/ECO/DTL/08/01 Regional Trade Arrangements, Generalized System of Preferences and Dispute Settlement in the WTO Avadhoot Nadkarni October 2008 Planning Commission Chair and Unit in

More information

ENVIRONMENTAL PROTECTION AND WTO

ENVIRONMENTAL PROTECTION AND WTO ENVIRONMENTAL PROTECTION AND WTO * Dr. Syeda Rukhsana Tabassum, Associate Professor and HOD, Department of Economics Dr. Rafiq Zakaria College For Women, Aurangabad, India. INTRODUCTION: Since the setting

More information

ZEALAND NEW EMBARGO: On 2-3 August 1990, the GATT Council will consider reports on the

ZEALAND NEW EMBARGO: On 2-3 August 1990, the GATT Council will consider reports on the EMBARGO: NOT FOR PUBLICATION BEFORE 1200 HOURS GMT FRIDAY 3 AUGUST 1990 GATT TRADE POLICY REVIEW NEW ZEALAND GATT/1487 16 July 1990 On 2-3 August 1990, the GATT Council will consider reports on the trade

More information

EP UNEP/OzL.Pro.WG.1/39/INF/2

EP UNEP/OzL.Pro.WG.1/39/INF/2 UNITED NATIONS EP UNEP/OzL.Pro.WG.1/39/INF/2 Distr.: General 26 May English only United Nations Environment Programme Open-ended Working Group of the Parties to the Montreal Protocol on Substances that

More information

FREE TRADE AGREEMENTS ANALYSIS

FREE TRADE AGREEMENTS ANALYSIS FREE TRADE AGREEMENTS ANALYSIS F R E E T R A D E A G R E E M E N T S I N F O R C E Free Trade Agreement About the Free Trade Agreement ASEAN-Australia-NZ Free Trade Agreement (AANZFTA) The AANZFTA is Australia

More information