wto organization

Group Advisor: PhD Hong Cam Trieu Group 5:  Le Hoa Sao Minh  Lam Thanh  Le An Huu Vinh  Nguyen Ly My Nhat Xuyen CONTENTS WTO INFO 1.WTO INFO Definition: International organization dealing with the rules of trade between nations Histor y: GATT rounds of negotiations  The General Agreement on Tariffs and Trade (GATT) was established after World War II   A series of multilateral negotiations Year Round Action 1947 Geneva 45,000 reductions in bilateral tariffs covering 20% of world trade 1949 Annency, France 5,000 reductions in bilateral tariffs 1951 Torquay, England 8,700 reductions in bilateral tariffs covering a new range of goods 1955-56 Geneva Reductions in bilateral tariffs 1960-62 Dillon Round Reductions in bilateral tariffs EEC talks begin 1964-67 Kennedy Round Reductions in bilateral tariffs Negotiation rules established Anti-dumping 1973-79 Tokyo Round Reductions in bilateral tariffs Procedures on dispute resolution, dumping and licensing 1986-93 Uruguay Round Additional tariff reductions Stalemate for agricultural tariffs 1995 WTO established WTO replaces the GATT 2001- Doha Round Divergences between developing and developed countries i The Tokyo Round: a first try to reform the system back to top ii The Uruguay Round  Ministerial conferences The Doha Round  Lower trade barriers and revised trade rules  Improve the trading prospects of developing countries  To provide the mandate for the negotiation on agriculture, services and an intellectual property topic mandate (n): the authority to sth, given to a government or other organization by people who vote for it Ministerial General Trade STRUCTURE PRINCIPLES Non- Discrimination  Members must not to apply TRIMs that are inconsistent with: ◦ National Treatment: foreign goods should be treated no worse than domestically produced goods ◦ Elimination of Quantitative Restrictions on Impor ts GATS (General Agreement on Trade in Services) What is GATS? A Mandate:the authority given to an elected group of people, such as a government, to perform an action SERVICES SECTORAL CLASSIFIC ATION LIST   Four Modes of Supply accountants OBLIGATIONS General obligations IMPORTANT OBLIGATIONS AND DISCIPLINES MFN TREATMENT r e i r r a b e d a tr a s r e w o l y r nt u o c the a r o e f m i o t s y r o e d v E to s a h t i , t e k r l l ma a a m p o u r f n r e e p i l o or upp s e c i v r e s d an , r s o e o c i p v r r o e s h c e i r r sam e h t e h w – s er n t r a p g n i d a its tr g n o r t s r o k a we Example  Vietnam have to apply the similar licensed conditions, operating conditions to service providers from all WTO member countries Case: Participating in WTO => integration => low tariffs => import too many expensive cars => lose the balance of payments => Solution? Restrictions to Safeguard the Balance of Payments:    In the event of serious balance of payments of external financial difficulties, a member may adopt or remain restrictions on trade Restrictions:  Not discriminate among Members  Consistent with the Articles of Agreement of the International Monetary Fund  Avoid unnecessar y damage  Not exceed those necessary to deal with the circumstances  Be temporary and be phased out progressively Establish procedures for periodic consultations  The nature and extent of the balance-ofpayments and the external financial difficulties  The external economic and trading environment  Alternative corrective measures Periodic:happening repeatedly over a period of time Subsidies: The countr y can find withdrawal of subsidy or removal of it negative effects Example: India Turkey: India=> unfair competition United States: India=> not follow its subsidy obligation CONTENTS WTO INFO THANK FOR YOUR LISTENING ! www.wto.org [...]... Industrial Property  The Berne Convention (1971) for the Protection of Literary and Artistic Works  The Rome Convention (1961) for the Protection of Performers, Producers of Phonograms and Broadcasting Organizations  The Washington Treaty (1989) on Intellectual Property in Respect of Integrated Circuits  Beneficial of TRIPs to developing country: + Reducing the level of processing and consuming fake... apply to the domestic regulations a country applies to foreign investors, often as part of an  industrial policy  Prohibits investment restriction which conflict with the obligation of a member in the WTO agreement  Members must not to apply TRIMs that are inconsistent with: ◦ National Treatment: foreign goods should be treated no worse than domestically produced goods ◦ Elimination of Quantitative ... Sao Minh  Lam Thanh  Le An Huu Vinh  Nguyen Ly My Nhat Xuyen CONTENTS WTO INFO 1 .WTO INFO Definition: International organization dealing with the rules of trade between nations Histor y: GATT... tariffs covering a new range of goods 195 5-5 6 Geneva Reductions in bilateral tariffs 196 0-6 2 Dillon Round Reductions in bilateral tariffs EEC talks begin 196 4-6 7 Kennedy Round Reductions in bilateral... tariffs Negotiation rules established Anti-dumping 197 3-7 9 Tokyo Round Reductions in bilateral tariffs Procedures on dispute resolution, dumping and licensing 198 6-9 3 Uruguay Round Additional tariff