By World Trade Organization
This can be a distinct advisor on how one can learn WTO Schedules of Commitments for items and prone. The Schedules are a part of the felony Texts of the WTO Uruguay around Agreements. They include approximately 27,000 pages of particular commitments via 153 contributors of the WTO on marketplace entry stipulations for his or her markets. knowing find out how to interpret the Schedules is key for someone wishing to glean details for educational, legitimate, or company reasons. Commissioned and reviewed by means of the WTO Secretariat, this can be a specific consultant to knowing the Schedules.
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Extra resources for A Handbook on Reading WTO Goods and Services Schedules
Accordingly, all Schedules consist of four columns. While the market access and national treatment columns are organized by mode of supply, the structure and content of the additional commitments column are for the individual member to decide. Entries in the market access and national treatment columns may vary across modes within a spectrum from full commitments without limitations, commitments with limitations, to no commitments. A member undertakes full commitments in a given sector and mode of supply if it does not inscribe any of the restrictions outlined in Articles XVI:2 (market access) or XVII of the GATS.
Several member countries, including the largest industrialized countries, currently benefit from a waiver from Article II obligations, allowing them to implement the changes required by HS2002 in their domestic tariff schedules on an applied basis, possibly affecting bound duties, before completing the re-negotiation and certification of changes to their WTO Schedules. (b) Some members have undertaken a ‘simplification’ of their tariff Schedules that has resulted in tariff lines being created or merged or discontinued.
Fees or charges not notified on that date may not be applied. In future, when a tariff line binding is re-negotiated – for example in the Doha Development Round negotiations – any fees and other charges may also be varied but only by reducing them from the initial level. In most Schedules this column is empty, but the absence of an entry is significant. In accordance with the Understanding on Article II(b), an empty entry signifies a zero ODC binding. You may, however, find various surcharges listed here that might be called a ‘luxury tax’ or a ‘fiscal surcharge’ or ‘stamp tax’.