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The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
The main areas covered by the agriculture negotiations: export competition (export subsidies and related issues), domestic support and market access.
Industry:Economy
Becoming a member of the WTO, signing on to its agreements. New members have to negotiate terms bilaterally with individual WTO members and multilaterally: (1) to convert the results of the bilateral negotiations so that they apply to all WTO members, and (2) on required legislation and institutional reforms that are need to meet WTO obligations.
Industry:Economy
In telecoms, the charge made by one country's telephone network operator for calls originating in another country.
Industry:Economy
Group of countries with preferential trading relations with the EU under the former Lomé Treaty now called the Cotonou Agreement.
Industry:Economy
ECs financial reform plans for 2000-06 aimed at strengthening the union with a view to receiving new members.
Industry:Economy
The Agenda for the 21st Century a declaration from the 1992 Earth Summit (UN Conference on the Environment and Development) held in Rio de Janeiro.
Industry:Economy
Defined for the coverage of the WTOs Agriculture Agreement, by the agreements Annex 1. This excludes, for example, fish and forestry products. It also includes various degrees of processing for different commodities.
Industry:Economy
Domestic support for agriculture that is considered to distort trade and therefore subject to reduction commitments. Technically calculated as Aggregate Measurement of Support (AMS).
Industry:Economy
The community that includes Bolivia, Colombia, Ecuador, Peru and Venezuela.
Industry:Economy