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This web page provides the full text and resources of the Revised Agreement on Government Procurement, which is one of the WTO agreements. It also explains the scope, coverage, application and exclusions of the Agreement, as well as the definitions and terms used.
- Market Access – Tariffs only
- Application of Sanitary and Phytosanitary Measures Agreement
- Agreement on Technical Barriers to Trade
- Agreement on Trade-Related Investment Measures
- Trade-Related Aspects of Intellectual Property Rights Agreement
- The Key Aspects of The Trips Agreement
- General Agreement on Trade in Services
The market access regulation for farming products is the “tariffs only” rule. This indicates that all non-tariff measures were to be either withdrawn or replaced by tariffs, reflecting a considerab...As per the AoA, the WTO members are committed to laying down tariff bindings to farming produce and assumed reduction commitments on tariffs included in each member’s WTO Schedule of concessions on...Different reduction commitments are applied to developing and developed members. LDCs were not needed to lessen their tariffs.The SPS agreement was negotiated over the Uruguay round.According to the SPS agreement, the WTO restricts member-state policies relating to food security (bacterial contaminants, pesticides, scrutiny, and labeling) and animal and plant health (phytosani...Sanitary and phytosanitary measures, as well as products’ technical regulations, may lead to restrictions in trade. It is acknowledged that such measures may be required to fulfil legitimate object...However, these measures may sometimes go beyond what is required to safeguard such objectives and be utilized to shield domestic producers from external competition.The Agreement on Technical Barriers to Trade was finally re-negotiated over the Uruguay round.TBT ensures that technical regulations, standards, testing, and certification processes do not cause unnecessary trade barriers.The agreement forbids technical requirements established to limit trade, as opposed to technical requirements established for legitimate purposes such as consumer or environmental protection.The TBT agreement is closely connected to the SPS agreement.Agreement on Trade-Related Investment Measures (TRIMS), negotiated in the Uruguay round, acknowledges that certain investment measures may cause constraining effects on global trade in goods.Policies like local content requirements and trade balancing rules that have typically been used to boost domestic industries' interests and combat restrictive business practices were of significan...The primary obligation laid down in the agreement is that members shall not carry out any trade-related investment measure that is inconsistent with either Article III (national treatment) or Artic...The following have been specifically forbidden by the TRIMs Agreement:The intangible assets, the outcomes of human intellectual, creative activities such as invention, design, and artistic creation, are known as “intellectual property.”The intellectual properties eligible for legal protection are inventions, trademarks, designs, literary works, layout designs of integrated circuits, and trade secrets.Since the volume of trade in goods and services relating to intellectual property has increased in recent years, the importance of protecting intellectual property for the global economy has grown...Improper and inadequate protection of intellectual property can distort free trade.TRIPS includes all legally-recognized intellectual property rights (copyright and related rights, patents, industrial designs, trademarks, geographical indications, layout designs of integrated cir...The TRIPS agreement includes and improves upon protection levels offered by the Paris Convention (industrial property rights) and the Berne Convention (copyright).In the domain of copyrights and related rights, the TRIPS agreement defines the protection of computer programs (safeguarded as literary works under the Berne Convention) and rental rights.The TRIPS agreement contains regulations governing the protection of trademarks, geographical indications, industrial designs, layout designs of integrated circuits, and undisclosed information. It...The General Agreement on Trade in Services (GATS) needs the most favoured nation treatment, market access commitments, and national treatment.GATS was adopted at the end of the Uruguay round negotiations with the participation of all member countries, including evolving countries.The GATS covers various service industries, including financial services, transport, shipping, communications, construction, and distribution. The GATS differentiates among four supply services mod...Feb 28, 2022 · A brief overview of the WTO agreements. WTO agreements, also known as WTO trade rules, are the heart of the organisation. WTO is said to be rule-based, but these rules are nothing more than WTO negotiated agreements.
- Rachit Garg
Ten UN members have no affiliation with the WTO. Agreements. The WTO oversees about 60 different agreements which have the status of international legal texts. Member countries must sign and ratify all WTO agreements on accession. A discussion of some of the most important agreements follows.
The WTO shall facilitate the implementation, administration and operation, and further the objectives, of this Agreement and of the Multilateral Trade Agreements, and shall also provide the framework for the implementation, administration and operation of the Plurilateral Trade Agreements. 2.
The WTO agreements try to make trade support the things we really want, including a clean and safe environment, and to prevent governments using these objectives as an excuse for introducing protectionist measures.
