Requests and offers
Requests and offers: market access negotiations in the WTO for goods and services usually proceed on the basis of bilateral requests and offers, except in the case of accession negotiations which are confined to requests by existing members. Requests are normally made by countries which have a significant interest in the traded product. Offers can be made in response to requests or concurrently. When two parties have reached agreement on the
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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