What Is Agreement On Trade

What Is Agreement On Trade

(c) the least trade-restrictive measure where two or more alternative measures are reasonably available to achieve the policy objective(s) concerned; and (a) be maintained where the circumstances or objectives which led to their adoption no longer exist or where the modified circumstances or objectives can be addressed in a reasonably available and less restrictive manner; It is also important to note that a free trade agreement is a reciprocal agreement authorized by Article XXIV of the GATT. Autonomous trade arrangements for developing and least developed countries are authorized by the Decision on Differential and More Favourable Treatment, Reciprocity and Greater Participation of Developing Countries, adopted in 1979 by the signatories to the General Agreement on Tariffs and Trade (GATT). .

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