Wto Agreement Bahasa Indonesia

WTO law contains specific rules for certain trade practices considered unfair, namely subsidies and dumping. Subsidies are governed by Article XVI of the GATT as well as the Agreement on Subsidies and Compensatory Measures (SCM Convention). [89] Under the SCM Convention, grants are financial contributions from governments or public bodies or assistance to income or prices of any kind, in accordance with Article XVI gatt, which provides benefits. [90] WTO law prohibits certain types of subsidies, namely export subsidies and import substitution. [91] Most other types of subsidies are not prohibited, but they are considered “achievable subsidies,” i.e. subsidies that WTO members can refuse if they harm the interests of those members. These subsidies include subsidies that result in losses to domestic industry in other countries producing similar products, subsidies that result in the elimination or reduction of the direct or indirect benefits of the 1994 GATT, and subsidies that result in heavy losses. [d] [92] If the member granting such a grant refuses or refuses to take steps to eliminate its adverse effects, other aggrieved members may take counter-measures comparable to the effects of the subsidy. [89] In the SCM convention itself, there is indeed a third type of subsidy, a subsidy to which it is not possible to respond.

In accordance with Article 8.2 of the SCM Convention, these grants include environmental grants, research aid and grants for the development of disadvantaged areas. However, under Article 31 of the SCM agreement, this subsidy is only valid five years after the WTO agreement as a whole came into force. As a result, the rules on impractical subsidies did not come into force until 31 December 1999 and since then these subsidies have been considered applicable subsidies. [93] WTO budget rules are set out in Article VII of the WTO Treaty. The annual budget is proposed by the WTO Director-General to the Budget, Finance and Administration Committee. It was the committee that reviewed the proposal and made recommendations. [3] The budget was adopted by the General Assembly after approval by at least two and a half members, although this decision was in fact taken by mutual agreement. With regard to the source of funding, the WTO financial regulation defines the contributions of each member. The amount of each member`s contribution is adjusted according to the trade share of these members (imports plus exports) relative to all WTO members.

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