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The Twelfth Ministerial Conference (MC12) of the World Trade Organization (WTO) was a landmark event, marking the first Ministerial Conference held in nearly five years due to the COVID-19 pandemic. It brought together trade ministers and senior officials from all 164 WTO member countries to discuss and negotiate critical global trade issues.
Tariff concessions worth $4.9 billion of world trade Kennedy: May 1964: 37 months: 48: Tariffs, anti-dumping: Tariff concessions worth $40 billion of world trade Tokyo: September 1973: 74 months: 102: Tariffs, non-tariff measures, "framework" agreements: Tariff reductions worth more than $300 billion achieved Uruguay: September 1986: 87 months: 123
A current round of multilateral trade negotiations was conducted in the Doha Development Agenda round. Prior to the ongoing Doha Development Round, eight GATT sessions took place: 1st Round: Geneva Round, 1947; 2nd Round: Annecy Round, 1949; 3rd Round: Torquay Round, 1950-51; 4th Round: Geneva Round, 1955-56; 5th Round: Dillon Round, 1960-61
The Ministerial Conference was scheduled for June 8–11, 2020, but was postponed and took place in June 2022 in Geneva, Switzerland, due to the COVID-19 pandemic. [6] It ran from 12 to 17 June 2022: although it was initially scheduled to end on 15 June, the meeting was extended by two days to allow more time for negotiations. [7]
The USITC was established by the U.S. Congress on September 8, 1916, as the U.S. Tariff Commission. [5] In 1974, the name was changed to the U.S. International Trade Commission by section 171 of the Trade Act of 1974. [6] Statutory authority for the USITC's responsibilities is provided by the following legislation: Tariff Act of 1930
Templates which generate an hCalendar microformat (or a component of an hCalendar).. hCalendar is for marking up events – so that they can be added directly to calendar or diary programmes or websites (including as recurring events, so that the anniversaries of historic events may be celebrated); or charted in timelines.
The notice also provides specific tariff codes for some 387 product categories affected along with new duty rates and implementation dates. Tariffs targeted to start in 2025 and 2026 will start on ...
The 12th Ministerial Conference, deferred because of the COVID-19 pandemic, took place in Geneva and was co-hosted by Kazakhstan, from 12 to 17 June 2022. [49] Proposals on special and differential treatment, "based on the Doha Ministerial Declaration" of 2001, were put forward at MC12. The Doha Round is still in place "on paper". [50]