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…
**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…
Agriculture Agreement WTO The World Trade Organization (WTO) is a global organization that sets the rules for international trade. One of the most important issues that the WTO deals with is agriculture. The WTO’s Agriculture Agreement, which was negotiated in the Uruguay Round of trade talks and finalized in 1995, is a set of rules…
WTO Ministerial Decision on the TRIPS Agreement At long last, the World Trade Organization (WTO) came through with a major victory for global health. The 12th Ministerial Conference in June 2022 brought about a landmark decision on the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement. This decision is a game-changer in the fight against…
The World Trade Organization’s Technical Barriers to Trade Agreement In a globalized world where seamless trade is paramount, the need for harmonized technical regulations, standards, and conformity assessment procedures is undeniable. Enter the World Trade Organization’s (WTO) Technical Barriers to Trade (TBT) Agreement—a beacon of hope for businesses navigating the complexities of international commerce. This…
What are WTO Trade Agreements? WTO trade agreements are a big deal in the world of international business. They’re like the rules of the road for countries that want to trade with each other. These agreements lay out the do’s and don’ts of international trade, making sure that everything’s fair and square. In a nutshell,…
