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Politics portal The International Trade Centre ( ITC ) ( French : Centre du commerce international (CCI) ) is a multilateral agency which has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD).
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 ...
The original members of the World Trade Organization are the parties to the General Agreement on Tariffs and Trade (GATT) after ratifying the Uruguay Round Agreements, [1] and the European Communities. They obtained this status at the entry into force on 1 January 1995 or upon their date of ratification.
The economists Harry Dexter White (left) and John Maynard Keynes (right) at the Bretton Woods Conference in New Hampshire [27]. The WTO precursor, General Agreement on Tariffs and Trade (GATT), was established by a multilateral treaty of 23 countries in 1947 after the end of World War II, in the wake of other new multilateral institutions dedicated to international economic cooperation—such ...
WTO Trade Facilitation Agreement (TFA) - Article 10.4 [6] The WTO formally recognises the Single Window in Article 10.4 of the TFA, which mandates members to: Establish a Single Window to streamline regulatory procedures. Enable data sharing among authorities to reduce redundancy. Provide transparent and accessible systems for traders.
The Agreement on the Application of Sanitary and Phytosanitary Measures, also known as the SPS Agreement or just SPS, is an international treaty of the World Trade Organization (WTO). It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT), and entered into force with the establishment of the WTO at the ...
Resolving Disputes: one of the aims behind establishing the WTO was to help member nations resolve their trade-related disputes. Equal Treatment: Joining the WTO gives Afghan exports access to all WTO member markets on a Most Favored Nation (MFN) basis. This means that Afghan exports will be eligible for the best treatment that the country ...
In 2004 WFTO launched verification scheme and mark. [9] The FTO Mark identifies registered Fair Trade Organizations worldwide (as opposed to products in the case of FLO International and Fairtrade mark) and guarantees that standards are being implemented regarding working conditions, wages, child labor and the environment.