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Nội dung text Unit V WTO and Regional Economic integration.pptx

Nepal’s Integration to WTO and Regional Cooperation SURENDRA K. UPRETY,PHD
World Trade Organization The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. The WTO's global system lowers trade barriers through negotiation and operates under the principle of non-discrimination.
Principles of WTO Non-Discriminatory - Most Favored-Nation Treatment National Treatment Stability and Predictability on Trading and Investment Condition Transparency in Foreign Trade Regimes Trade Liberalization Fair Competition Special and Differential Treatment for Developing and LDCs Economic Development
WTO with the Wider Scope In addition to the liberalization of world trade through GATT in the elimination or reduction of tariffs and other barriers to merchandise trade WTO has covered the following areas of the economic/business operation: Agreement on Agriculture Agreement on Textiles and Clothing Special and Differential Treatment for Developing and LDCs Aid for Trade
WTO with the Wider Scope Agreement on Subsidies and Countervailing Measures Agreement on Anti-dumping Agreement on Safeguards Agreement on Trade-Related Investment Measures (TRIMs) Agreement on Customs Valuation (fair, uniform, and neutral system for the valuation of goods for customs purposes, and precludes the use of arbitrary or fictitious customs values)

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