The WTO Safeguard Agreement In the realm of international trade, the World Trade Organization (WTO) stands as a beacon of multilateral cooperation. Among its many agreements, the WTO Safeguard Agreement looms large—a crucial framework that empowers countries to safeguard their domestic industries from the potential perils of import surges. Aimed at striking a delicate balance…
Introduction The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. WTO preferential trade agreements (PTAs) are a major part of the organization’s work. PTAs are agreements between two or more countries that provide for the reduction or elimination of tariffs and other trade barriers. They…
Agreements Under the World Trade Organization The World Trade Organization (WTO) is an international organization that regulates global trade. It has 164 member countries, and its agreements cover a wide range of trade-related issues, including tariffs, subsidies, intellectual property, and services. These agreements aim to promote free and fair trade among member countries and to…
WTO Trade Facilitation Agreement The World Trade Organization (WTO) Trade Facilitation Agreement is an international agreement aimed at simplifying and expediting the movement of goods across borders. Negotiated during the 2013 Bali Ministerial Conference, it entered into force in 2017 after being ratified by two-thirds of WTO members. The agreement includes provisions on streamlining customs…
Introduction What would the world be like if groundbreaking ideas and inventions could be freely copied and distributed without any regard for the rights of their creators? Intellectual property rights, enshrined in the WTO TRIPS Agreement, are the bedrock upon which innovation and economic growth thrive. This handbook provides a comprehensive guide to this seminal…
A Victim’s Recourse: Navigating Personal Injury Claims In the labyrinth of legal disputes, personal injury claims offer a pathway to seek justice and compensation for those who have endured physical, emotional, or financial harm. These claims arise when an individual’s well-being has been compromised due to the negligence or wrongdoing of another party. What is…
How to Make Your Craft Business Successful What Do You Mean by a Craft Business? A craft business is a venture that involves creating and selling handmade products. This can include anything from jewelry and clothing to Home decor and Accessories. Craft businesses are often run by individuals who have a passion for crafting and…
**Introduction** Hey there! Have you ever wondered what a personal injury claim is all about? It’s when someone, let’s call them the victim, gets hurt, emotionally or financially, because of someone else’s carelessness or wrongdoing, like in a car accident or a slip and fall. These claims exist to help victims recover damages for their…
Agreement on Agriculture The Agreement on Agriculture (AoA) is an international treaty that governs agricultural trade between countries that are members of the World Trade Organization (WTO). The AoA was negotiated during the Uruguay Round of trade negotiations and entered into force on January 1, 1995. The AoA has been amended several times since its…
WTO TRIMS Agreement The World Trade Organization’s (WTO) Agreement on Trade-Related Investment Measures, aka TRIMS, is an international accord designed to ensure fair trade by eliminating investment restrictions that could distort global trade. TRIMS is rooted in the belief that foreign direct investment (FDI) can boost economic growth while promoting competition and innovation. By providing…
