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The report acknowledges the growing skepticism towards international trade, which has resulted in setbacks in regional trade integration efforts and the adoption of unilateral trade policies. WTO committees have witnessed an increase in trade concerns at the technical level, leading to trade tensions and a rise in government subsidies.
The agreement, concluded in 1994, was negotiated under the WTO's predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement was agreed upon by all members of the World Trade Organization. Trade-Related Investment Measures is one of the four principal legal agreements of the WTO trade treaty.
The economists Harry White (left) and John Maynard Keynes at the Bretton Woods Conference [27]. The WTO precursor General Agreement on Tariffs and Trade (GATT) was established by a multilateral treaty of 23 countries in 1947 after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation—such as the World Bank (founded 1944) and the ...
Fourth Global Review of Aid for Trade, 2013. Aid for Trade is an initiative by the World Trade Organization (WTO), as well as a policy concept in international economic and trade development, concerned with helping developing countries and particularly the least developed countries build trade capacity and infrastructure. [1] [2] [3]
Integrated Trade Intelligence Portal I-TIP provides statistical and detailed information on non-tariff measures notified by WTO members. (World Trade Organization) Trade Monitoring Database provides information on trade measures taken by WTO members and observers since October 2008. (World Trade Organization)
The Marrakesh Agreement, manifested by the Marrakesh Declaration, was an agreement signed in Marrakesh, Morocco, by 123 nations on 15 April 1994, marking the culmination of the 8-year-long Uruguay Round and establishing the World Trade Organization, which officially came into being on 1 January 1995.
The Doing Business report provides concrete examples of efficiency savings made possible through trade facilitation reforms. Much of these relate to addressing regulatory reform and other steps—that in contrast to hard infrastructure—constitute the major part of why engaging in trade takes longer in developing countries.
The WCO maintains the international Harmonized System (HS) goods nomenclature, and administers the technical aspects of the World Trade Organization (WTO) Agreements on Customs Valuation and Rules of Origin. [3] [4] The WCO oversees the implementation of new technologies, artificial intelligence, to improve the efficiency of customs operations ...