Agreement on Import Licensing Procedures

Agreement on Import Licensing Procedures

 

 

Agreement on Import Licensing Procedures

 

Meaning of Agreement on Import Licensing Procedures

Agreement on Import Licensing Procedures: the agreement setting out the procedures to be followed by WTO members in their administration of import licensing regimes. It defines import licensing as “administrative procedures used for the operation of import licensing régimes requiring the submission of an application or other documentation (other than that required for cutoms purposes) to the relevant administrative body as a prior condition for importation into the customs territory of the importing Member”. The Agreement has provisions on automatic import licensing (i.e. approval of the application is always granted) and non-automatic import licensing (i.e. all cases where licensing is not automatic). The Agreement also establishes a system for notifying import licensing procedures to the WTO. The aim of all of these provisions is to ensure that import licensing regimes are administered fairly and equitably and under transparent conditions.

 

Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf

Web site to visit: http://ctrc.sice.oas.org

Author of the text: W. Goode

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Agreement on Import Licensing Procedures

 

Agreement on Import Licensing Procedures

 

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Agreement on Import Licensing Procedures

 

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Agreement on Import Licensing Procedures