Structure of World Trade Agreement
The World Trade Agreement (WTA) is a multilateral trade agreement consisting of a number of specific agreements on various issues relating to trade. The present agreement is the result of a series of negotiations during the period 1986 to 1994 as part of the Uruguay round of GATT negotiations. The final Act of the WTA contains, sixteen Articles, four Annexes, ninteen Decisions, four Declarations and eight Understandings
The main features of the WTA are contained in the following annexes
Annex 1A.
Multi-lateral Agreement on Trade in Goods
Following are the main agreements relating to trade in goods
Annex 1B
General Agreement on Trade in Services (GATS) - http://www.wto.org/english/docs_e/legal_e/26-gats.doc
Annex 1C
Agreement on Trade Related aspects of Intellectual Property Rights (TRIPS)
http://www.wto.org/english/docs_e/legal_e/27-trips.doc
Annex 2
Rules and Procedure Governing Settlement of Disputes
Annex 3
Trade Policy Review Mechanism
Annex 4
Pluri-lateral Trade Agreements
Following are the main four pluri-lateral agreements wich were signed prior to the Uruguay round of negotiations.
- Agreement on Trade in Civil Aircraft
- Agreement on Government Procurement
- International Dairy Agreement
- International Bovine Meat Agreement
Main Agreements of the Final Act
- Establishment of World Trade Organisation (WTO)
- Agreement on Agriculture (AoA)
- General Agreement on Trade in Services (GATS)
- Textiles and Clothing
- Trade Related Intellectual Property Rights (TRIPS)
- Technical Barriers to Trade (TBT)
- Trade Related Investment Measures (TRIMS)
- Sanitary and Phytosanitary Standards (SPS)
- Market Access
- Rules of Origin (RoO)
- Anti-dumping Rules
- Safeguards
- Dispute Settlement Provisions
Last updated on: 21-12-07
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