Administering Wto Trade Agreements

Many specialized committees, working groups and working groups deal with individual agreements and other areas such as the environment, development, membership applications and regional trade agreements. It all started with the trade in goods. From 1947 to 1994, GATT was the forum for negotiating lower tariffs and other trade barriers; the GATT text contains important rules, including non-discrimination. Since 1995, the Marrakesh agreement establishing the WTO and its annexes (including the updated GATT) has become the framework agreement of the EEEGs. It contains annexes for certain sectors that concern products, such as agriculture. B, and on specific topics such as product standards, subsidies and anti-dumping measures. The Trade Facilitation Agreement, which came into force in 2017, has recently been an important complement. THE GATT remains a WTO framework agreement for merchandise trade, updated following the Uruguay Round negotiations (distinction between the 1994 GATT, the updated GATT parts, and the 1947 GATT, the initial agreement that remains the heart of the 1994 GATT). [29] However, the 1994 GATT is not the only legally binding agreement contained in the final deed in Marrakech; a long list of some 60 agreements, annexes, decisions and agreements has been adopted. The agreements are divided into six main parts: how can we ensure that trade is as fair and open as possible? By negotiating the rules and sticking to them. Negotiations on the removal or elimination of trade barriers (import duties, other trade barriers) and agreement on rules for the implementation of international trade (e.g.

B, anti-dumping, subsidies, product standards, etc.), management and control of the application of WTO rules on trade in goods, services and monitoring of our members` trade policy and the revision of our members` trade policy, as well as on the transparency of regional and bilateral trade agreements to resolve disputes among our members regarding the interpretation and interpretation of our members` trade policy Agreements to strengthen the capabilities of our members government officials from developing countries on international trade issues, supporting the accession process of some 30 countries that are not yet members of the organization, conducting economic research activities and collecting and disseminating trade data, in support of other key WTO activities that explain and inform the public about the WTO. its mission and activities. The World Trade Organization (WTO) is an intergovernmental organization responsible for regulating international trade between nations.