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  • WTO´s Predictability: through binding and transparency – Brexit explained

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 predictability.

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.

Sometimes, promising not to raise a trade barrier can be as important as lowering one, because the promise gives businesses a clearer view of their future opportunities.

 
Vom 19.07.2020 | Aktualisiert am 18.07.2020
Permalink: https://www.marc-wesseling.de/?p=2388
Kategorien: Allgemein, Brexit (English)
Schlagwörter: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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