general agreement on tariffs and trade with ari afilalo
TRANSCRIPT
General Agreement On
Tariffs And Trade With
Ari Afilalo
Agricultural Trade
Volume of world agricultural exports is
substantially increasing over decades. There
have been many fundamental reforms in
agricultural trade thus accounting for
numerous opportunities for developing
countries to have gain opportunities. It has
eventually become an important part of
economic activity.
Exports of textiles and clothing
Add a lDeveloping countries considered textiles
and clothing agreement, which provides for the
gradual disassembly and have been a major
result in their favor. Under the multifibre
arrangement (1974-94), developed countries
were at gain of establishing quotas on textiles
and clothing outside normal GATT rules.ittle bit
of body text
Custom Duties
Custom duties are called as tariffs on
merchandise imports. Reduction in custom duties
has given a great advantage to developing
countries. Locally-produced goods which are
imported are giving a price benefit over similar
goods involving custom duties.
Trade and Investment
Certain investment measures can restrict and
distort trade. Developing countries want to
choose investment promotion policies to fulfill
their developmental needs. As the developing
economies are constantly increasing their
contribution in the world trade, it is important to
upgrade the existing policies to grounds that
would be beneficial for all trade partners
involved.
Ari Afilalo – Professor, Researcherand Author
Ari Afilalo is an expert on international law, his
research basically focuses on international trade
and business transactions. He has strong views on
existing WTO procedures that affect the economy
involved in international trade. He has taken
interest in ways that focus on rethinking of basic
hallmarks of GATT/WTO.
