Amendments to WTO agreements

Amendments to WTO agreements

 

 

Amendments to WTO agreements

 

Meaning of Amendments to WTO agreements

Amendments to WTO agreements: the following WTO provisions may only be amended by agreement of all members: Article IX (Decision- Making) of the Marrakesh Agreement Establishing the World Trade Organization, Articles I (General Most-Favoured-Nation Treatment) and II (Schedules of Concessions) of the GATT 1994, Article II:1 (Most-Favoured-Nation Treatment) of the GATS, and Article 4 (Most- Favoured-Nation Treatment) of the Agreement on Trade-Related Aspects of Intellectual Property Rights. Amendments to other provisions of the WTO multilateral agreements may be made by a two-thirds majority. Each member then has to conclude separate formalities to accept the amendment. The Marrakesh Agreement enables the WTO Ministerial Conference to decide by a three-fourths majority that any member not accepting an amendment within a certain time may be free to withdraw from the WTO or to remain a member anyway. All WTO members have one vote. The European Communities are entitled to a number of votes equalling the number of their member states. Amendments to the WTO plurilateral agreements are made under the provisions contained in these agreements. See also decision-making in the WTO.

 

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

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Amendments to WTO agreements

 

Amendments to WTO agreements

 

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Amendments to WTO agreements

 

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Amendments to WTO agreements