By World Trade Organization
It is a distinctive consultant on tips to learn WTO Schedules of Commitments for items and companies. The Schedules are a part of the felony Texts of the WTO Uruguay around Agreements. They contain approximately 27,000 pages of particular commitments via 153 contributors of the WTO on marketplace entry stipulations for his or her markets. figuring out the way to interpret the Schedules is key for a person wishing to glean details for educational, reliable, or company reasons. Commissioned and reviewed through the WTO Secretariat, it is a precise advisor to knowing the Schedules.
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Extra info for A Handbook on Reading WTO Goods and Services Schedules
Pursuant to Article XX:2, such measures are to be inscribed only in the market access column. Thus, even full commitments under national treatment are not necessarily indicative of the absence of all discrimination. The discriminatory elements may already be reflected in the market access column, in entries like ‘Only five foreign banks permitted’ (mode 3) or ‘No more than 10 per cent of staff may be foreigners’ (mode 4). Additional Commitments Entries in the fourth column of the Schedule are optional.
Again, the column will be empty if: (a) there is currently a bound duty-free concession; or (b) no cut will be applied as a result of the modalities. ) were not decided at the time that this Handbook was drafted. In the Uruguay Round Schedules there is a column headed ‘Special Safeguard’ that may contain the letters ‘SSG’ but is otherwise blank. These letters designated products whose protection had been ‘tariffied’ – that is, converted from, for example, a quota to a tariff under the procedures adopted in the Uruguay Round – and that were eligible for ‘Special Safeguard’ protection in accordance with Article 5 of the Agreement on Agriculture.
The precise scope of these disciplines is still under negotiation. Of course, should domestic regulatory measures contain elements inconsistent with Articles XVI and XVII, they are still subject to Scheduling. Exceptions A further range of GATS provisions provides cover, in specified circumstances, for departures from general obligations and/or specific commitments: Article XII (Restrictions to Safeguard the Balance of Payments), Article XIV (General Exceptions), Article XIVbis (Security Exceptions), and a prudential carve-out specific to the financial sector.