Which Of The Following Agreements Was In Direct Violation Of The Principles Of Gatt
The themes discussed during the Uruguay Round were of great importance. Once again, tariffs on most non-agricultural products have been reduced on a formula basis; and this time, the textile and clothing trade was opened. The multi-fibre agreement on textiles and clothing was renamed the textile and clothing agreements, which introduced the abolition of quotas for textiles and clothing by 2005. (This has been done as planned, although the United States and a number of other countries maintain high tariffs on textiles and clothing products.) 8. A contracting party who is not a member of the Fund provides this information within the general scope of Article VIII, paragraph 5, of the statutes of the International Monetary Fund, as the contracting parties may require for the performance of their duties under this agreement. (ii) eliminate a temporary surplus of the similar domestic product or, in the absence of significant domestic production of the similar product, a domestic product for which the imported product can be directly replaced, by putting surpluses free of charge or at prices below current market levels for certain categories of domestic consumers; Or, towards the end of the Uruguay Round, the negotiators accepted another provision that had a huge impact: to make the whole package a single company. As noted above, members have been able to decide in previous rounds whether they comply with codes of conduct, such as agreements on technical barriers to trade. B trade-related investment measures, customs assessment and import certificates. (3) Therefore, the contracting parties should endeavour to avoid the use of subsidies for the export of primary products. However, if a party grants, directly or indirectly, any form of subsidy intended to increase the export of a primary product outside its territory, that subsidy is not applied in such a way that that party has more than a fair share in world trade in the exports of that product, taking into account the shares of the contracting parties in that trade of that product during an earlier representative period. , and all the specific factors that have or are likely to affect this trade in the product. * 6. Paragraph 5 does not apply to an internal quantitative regime that came into force on the territory of one of the parties on July 1, 1939, April 10, 1947 or March 24, 1948 at the request of that contracting party; To the extent that such a regulation, contrary to paragraph 5, is not amended to the detriment of imports and is treated as a tariff for negotiation purposes.