GATT


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Related to GATT: WTO

GATT

General Agreement on Tariffs and Trade: a multilateral international treaty signed in 1947 to promote trade, esp by means of the reduction and elimination of tariffs and import quotas; replaced in 1995 by the World Trade Organization
References in periodicals archive ?
The TRIMs Agreement was not merely a sequel of the GATT 1994 but had its own substantive obligations such as that of notification and termination of inconsistent TRIMs etc.
Financial services professionals should use the checklist in the accompanying chart to verify that their TPAs are aware of the PPA's impact on the GATT limitation, mortality tables and lump sum distribution valuation.
Yet, at the same time, unlike the early years of GATT, this lack of
Esse protocolo, que viria a ser chamado de Acordo Geral sobre Tarifas Aduaneiras e Comercio (o ja mencionado GATT (3)), entraria em vigor antes e de maneira independente da Carta da ITO (IRWIN; MAVROIDIS; SYKES, 2008, p.
Subpart B traces how the club dynamic manifested itself in the practices of participation in multilateral trade lawmaking throughout the history of the GATT.
Since 1970s particularly during 1980s, because of rapid economic progresses and complexity of the global trade, GATT could not afford all global trade issues because of not including all international relations.
The IMF and GATT resulted from an integrated grand design for the post-WWII global economic infrastructure--the Bretton Woods Institutions--which were created precisely to address issues of global economic imbalances, or externalities, caused as a consequence of countries pursuing unilateral trade policy objectives.
38) In later findings, the Panel reasoned that GATT exceptions were not available to China as a defense to export duties because the language of its Accession Protocol foreclosed their application.
developing countries, however, GATT Parties have accommodated them in a
commercial rules and standards followed by GATT members.
In the years since GATT entered into force, however, these obligations have not been enforced despite the fact that the GATT membership was consistently notified about the creation of PTAs and their legality was subject to review.
In the alternative, assuming that the measures do fall within the scope of the first sentence of Article II:1(b) of the GATT 1994; Policy Order 8, Decree 125 and Announcement 4 are inconsistent with Article II:1(a) and Article II:1(b), first sentence of the GATT 1994 in that they accord imported auto parts treatment less favorable treatment than that provided for in the appropriate Part of China's Schedule of Concessions; and (ii) Policy Order 8, Decree 125 and Announcement 4 are not justified under Article XX(d) of the GATT 1994 as measures that are necessary to secure compliance with laws or regulations which are not inconsistent with the GATT 1994.