Legal Document: The Preamble of the Marrakesh Agreement Establishing the WTO: www.wto.org/english/docs_e/legal_e/04-wto_e.htm - Around 161 States
- 1/3 Developed Member States
- 2/3 Developing Member States (some of them “least developed” States)
There is no agreed definition of what is a “developed” or a There is no agreed definition of what is a “developed” or a “developing” Member in the WTO Why is it important? Legal Provisions Legal Provisions Under Marrakesh Agreement Establishing the World Trade Organization - “common institutional framework for the conduct of trade relations among its Members in matters related to the agreements and associated legal instruments included in the Annexes to this Agreement”
- “Associated legal instruments” includes multilateral trade agreements under WTO, including GATT 1994
Article III – Functions of WTO - Implementation, administration and operation, and further the objectives, of this Agreement and of the Multilateral Trade Agreements
- Forum for negotiations
- Framework for the implementation of the results of such negotiations, as may be decided by the Ministerial Conference.
- Administer the Understanding on Rules and Procedures Governing the Settlement of Disputes
- Administer the Trade Policy Review Mechanism
- Cooperate, as appropriate, with the International Monetary Fund and with the International Bank for Reconstruction and Development and its affiliated agencies
- Ministerial Conference – “shall meet at least once in two years”
- General Council – composed of representatives of all Members
Do'stlaringiz bilan baham: |
