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World Trade Organization
Domeniu: Government
Number of terms: 7177
Number of blossaries: 0
Company Profile:
The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
The body consisting of a chairman plus 10 members acting in a personal capacity. Until expiry of the ATC on 1 January 2005 it saw to the implementation of commitments under this agreement.
Industry:Economy
The General Council operating under special procedures for meetings to review trade policies and practices of individual WTO members under the Trade Policy Review Mechanism.
Industry:Economy
Requirement that the investor use earnings from exports to pay for imports.
Industry:Economy
Removing obstacles to the movement of goods across borders (e.g. simplification of customs procedures).
Industry:Economy
In textiles and clothing, allows members to impose restrictions against individual exporting countries if the importing country can show that both overall imports of a product and imports from the individual countries are entering the country in such increased quantities as to cause — or threaten — serious damage to the relevant domestic industry.
Industry:Economy
Degree to which trade policies and practices, and the process by which they are established, are open and predictable.
Industry:Economy
Sharing information, in this case so all members know what is happening in smaller group meetings. In WTO negotiations and other decision-making, ideas are tested and issues are discussed in a variety of meetings, many of them with only some members present. Members approve of this process so long as information is shared. They also want the process to ensure they can have input into it. The final decision can only be taken by a formal meeting of the full membership.
Industry:Economy
An international body that drafts model laws such as the one on government procurement.
Industry:Economy
Multilateral trade negotiations launched at Punta del Este, Uruguay in September 1986 and concluded in Geneva in December 1993. Signed by Ministers in Marrakesh, Morocco, in April 1994.
Industry:Economy
Customs duty rate which varies in response to domestic price criterion.
Industry:Economy