Core WTO Agreements: Trade in Goods and Services and Intellectual Property Arvind Panagariya Contents 1. Introduction 1 2. Trade in Goods 2 2.1 The Most favored Nation Principle 5 2.2 National Treatment 7 2.3 Tariffs 9 2.4 Customs Procedures 10 2.5 Quantitative Restrictions 11 2.6 Subsidies 12 2.7 Anti-dumping 16 2.8 Safeguards: Emergency Protection 19 2.9 Trade Related Investment Measures 22 2.10 State Trading 23 2.11 Preferential Trade Areas 24 2.12 Non-application
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WTO GENESIS The General Agreement on Trade and Tariff (GATT) came into existence in 1947 It sought substantial reduction in tariff and other barriers to trade and to eliminate discriminatory treatment in international commerce. India became a signatory to GATT in 1947 along with twenty two other countries Reasons for GATT to be carved into WTO GATT faced many problems‚ with the world trade becoming more and more complex‚ GATT was unable to deal with it. Eg. In the agriculture
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Unit 2-1 WTO and Its Impact on International Business Content to be discussed • WTO‚ Impact of WTO on International Business: • Tariff and Non Tariff Barriers (NTBs)‚ GATT‚ GATS‚ TRIPs‚ TRIMs‚ .. How WTO Emerged? • The multilateral trading system—past‚ present and future 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 (GATT) established in the
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WTO AND IMPACT ON INDIAN INDUSTRY INTRODUCTION India is a founder member of the General Agreement on Tariffs and Trade (GATT) 1947 and its successor‚ the World Trade Organization (WTO)‚ which came into effect on 1.1.95 after the conclusion of the Uruguay Round (UR) of Multilateral Trade Negotiations. India’s participation in an increasingly rule based system in the governance of international trade is to ensure more stability and predictability‚ which ultimately would lead to more trade and prosperity
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government. The Philippines has been a WTO member since January 1995‚ and the issue of whether this country has derived the supposed-to-be benefits by joining this organization has been has been existing. Walder Bello‚ a political analyst‚ described the Philippine’s membership with WTO as “a multilateral punishment”. As for me‚ I firmly believe as well that the Philippines is better off not joining WTO. The most important agreement of the Philippines in WTO is the Agreement on Agriculture (AOA)
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The impact of Vietnam’s WTO membership on business environment: The case study in Da Nang city 1/ The awareness of enterprises of the impact of Vietnam’s WTO accession 2/ The specific preparations of enterprises before and after Vietnam joining to WTO 3/ Business performance 4/ Enterprises’ advantages and disadvantages in recent years 5/ Supports of governement and agencies 6/ Relationship with government agencies in the context of Vietnam joining WTO 7/ Evaluating impacts of WTO accession of Vietnam
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The World Trade Organization (WTO) The World Trade Organization (WTO) is the successor to the General Agreement on Tariffs and Trade (GATT) and the major multilateral forum through which governments can come to agreements and can settle disputes regarding trade. It is the only global international organization dealing with the rules of trade between nations. It establishes rules for international trade through consensus among its member states. It also resolves disputes between the members‚ which
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What is World Trade Organization (WTO)? The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements‚ negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services‚ exporters‚ and importers conduct their business. History The WTO’s predecessor‚ the General Agreement on Tariffs and Trade (GATT)‚ was established
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The Impact of Globalisation on African Nations Olympia Shivdasani Contents 1 Abstract 2 Introduction 3 Local Content Policies 4 Case study – AOS Orwell 5 Conclusion 6 Bibliography This paper aims to examine the impact of globalization in Africa by exploring the concept of globalization‚ how African countries view the effects of globalization‚ the benefits and challenges. The information used in the study has been
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GLOBALISATION AND ITS IMPACT ON THE STATE Spring 2005 Mondays‚ 8.10 p.m. to 9.50 p.m. Prof. Ahmad Kamal‚ former Ambassador of Pakistan OVERVIEW This course will examine the critical and rapidly changing role of the state at the beginning of a new millennium as a result of internal and external factors‚ paying special attention to the state as a central player in ensuring the provision of public services‚ as well as facing the new challenges emerging around the world. It will enable students to: •
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