Accordo General Agreement

2.2.2 For the purposes of paragraph 2, the amounts relating to administrative costs, selling costs and profits, as well as profits, will be based on actual production and sales data of the exporter or producer during normal commercial transactions of the similar product. (i) actual amounts and profits made by the producer or producers concerned in relation to the production and sale of products of the same general category in the domestic market of the country of origin; 8.6. The authorities of a member importer may ask an exporter for whom they have committed to provide regular information on the performance of this obligation and to allow the verification of relevant data. In the event of a breach of the given obligation, the authorities of the member importer may, in accordance with this agreement and its provisions, take emergency measures which may consist of the immediate application of interim measures on the basis of the most reliable known information. In such cases, final duties may be levied in accordance with this agreement on consumer products no later than 90 days before the provisional measures are applied, provided that this retroactive imposition cannot apply to consumer imports before the company has been harmed. 6.11. For the purposes of this agreement, “interested parties” are defined as: while the 1947 GATT agreement provided, with the creation of the WTO and the entry into force of the new agreements, for a complex system of quotas and export subsidies for imports, these “distortions” of the free market were eliminated. since the only possible restriction is tariffs and the gradual reduction of all domestic production and export subsidies. The ITO agreement was effectively concluded at the United Nations Conference on Trade and Occupation between 21 November 1947 and 24 March 1948 in Havana, Cuba, and ended with the adoption of the ITO statute (known as the Havana Charter), but was blocked due to the non-ratification of the United States : despite the commitment of the government, which sent it to Congress on several occasions. The agreement was never adopted because a majority of MEPs feared that the ITO would enspicus us of domestic economic policy.

Responses are currently closed, but you can trackback from your own site.

Comments are closed.

Subscribe to RSS Feed Follow me on Twitter!