- Industry: 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.
Multifibre Arrangement (1974-94) under which countries whose markets are disrupted by increased imports of textiles and clothing from another country were able to negotiate quota restrictions.
Industry:Economy
Most-favored-nation treatment (GATT Article I, GATS Article II and TRIPS Article 4), the principle of not discriminating between ones trading partners.
Industry:Economy
Normal non-discriminatory tariff charged on imports (excludes preferential tariffs under free trade agreements and other schemes or tariffs charged inside quotas).
Industry:Economy
A way to proceed. In WTO negotiations, modalities set broad outlines such as formulas or approaches for tariff reductions for final commitments.
Industry:Economy
How international trade in services is supplied and consumed. Mode 1: cross border supply; mode 2: consumption abroad; mode 3: foreign commercial presence; and mode 4: movement of natural persons.
Industry:Economy
A multilateral environmental agreement dealing with the depletion of the earth's ozone layer.
Industry:Economy
Transportation using more than one mode. In the GATS negotiations, essentially door-to-door services that include international shipping.
Industry:Economy
Idea that agriculture has many functions in addition to producing food and fiber, e.g. environmental protection, landscape preservation, rural employment, food security, etc.
Industry:Economy
Protocol Broadly covers industrial, fisheries and forestry products.
Industry:Economy
