Today I want to give you some comments on the Today I want to give you some comments on the WTO, here especially the WTO strategies on economic reform.
The WTO agreements are lengthy and complex because they are legal texts covering a wide range of activities. They deal with: agriculture, textiles and clothing, banking, telecommunications, government purchases, industrial standards and product safety, food sanitation regulations, intellectual property, and much more. But a number of simple, fundamental principles run throughout all of these documents. These principles are the foundation of the multilateral trading system.
The WTO system contributes to development. On the other hand, developing countries need flexibility in the time they take to implement the system’s agreements.
Comments are closed