Marrakesh Agreement Establishing the WTO International trade took a monumental leap forward on April 15, 1994, when the Marrakesh Agreement was signed in the historic city of Marrakesh, Morocco. This landmark accord laid the foundation for the establishment of the World Trade Organization (WTO), marking a pivotal milestone in global economic cooperation. Uruguay Round of…
SPS WTO Agreement The World Trade Organization’s (WTO) Agreement on the Application of Sanitary and Phytosanitary Measures (SPS) is a cornerstone of global food safety. It’s designed to protect human, animal, and plant health from risks associated with foodborne illnesses and pests. By establishing a framework for harmonizing food safety regulations, the SPS Agreement enhances…
WTO Agreement on Subsidies and Countervailing Measures The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM Agreement) is an international treaty that aims to regulate the use of government subsidies and the imposition of countervailing duties in international trade. Adopted in 1994, the SCM Agreement is designed to prevent unfair trade practices,…
The World Trade Organization (WTO) Agreement on Services The World Trade Organization (WTO) is an international organization that regulates international trade. The WTO’s Agreement on Services (GATS) is a multilateral agreement that establishes a framework for the international trade in services. The GATS was negotiated during the Uruguay Round of trade negotiations and entered into…
What is the WTO Agreement on Government Procurement? In a world where trade agreements are as commonplace as a handshake, the World Trade Organization’s (WTO) Agreement on Government Procurement (GPA) stands out as a beacon of transparency and fairness in the murky waters of government spending. Inked by nations representing over 90% of global GDP,…
How to Win Your Personal Injury Claim: A Comprehensive Guide Navigating the legal labyrinth of personal injury claims can be daunting, but understanding the steps can empower you to seek justice. Here’s a comprehensive guide that will help you maximize your chances of winning. Pre-Filing: Laying the Foundation Before embarking on your legal journey, meticulous…
Introduction Picture this: you’ve got a brilliant idea for a new invention. You work tirelessly to bring it to life, pouring your heart and soul into every detail. But then, one day, you discover that someone else has stolen your thunder and is profiting from your hard work. That’s where the WTO Agreement on Trade-Related…
How to Make Your Mom in Infinity Craft What Do You Mean? Infinity Craft is a popular video game where players can create and build their own virtual world. One of the unique features of the game is the ability to customize characters, including creating your own mom character. Making your mom in Infinity Craft…
WTO Agreement on Safeguards The World Trade Organization (WTO) Agreement on Safeguards is an international trade agreement that sets out the rules for the application of safeguard measures. Safeguard measures are trade restrictions that can be imposed by a country to protect a domestic industry from serious injury or the threat of serious injury caused…
WTO Agreement on Technical Barriers to Trade If you’re a business owner who trades internationally, you need to know about the WTO Agreement on Technical Barriers to Trade (TBT Agreement). This agreement aims to make sure that technical regulations, standards, and conformity assessment procedures don’t create unnecessary obstacles to international trade. In other words, it…
