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Business Guide to the World Trading System

image of Business Guide to the World Trading System
This publication is a sequel to the highly successful Business Guide to the Uruguay Round.



It provides an overview of achievements of the Uruguay Round and the legal system established by it and explains the role of the World Trade Organization (WTO). This edition contains updates on new developments which have taken place since 1996. It also contains a new section on the six trade-related subject areas: trade and environment, trade and investment, competition policy, transparency in government and procurement, trade facilitation and electronic commerce. A thorough understanding of the World Trading System is critical to increasing the competitiveness of enterprises in Commonwealth countries. This publication will be an essential tool to the international business community and will help business leaders to better understand the implications of the WTO Agreements and how to apply the various provisions and rules to their day-to-day business decisions.



Published jointly by the International Trade Centre UNCTAD/WTO and the Commonwealth Secretariat.

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Preshipment Inspection

Since about the second half of the twentieth century importers have used the services of independent inspection companies to certify the quality and quantity of products they want to import. These inspections, which are conducted in most cases prior to shipment and in the country of exportation, assure the importer that the goods conform to the technical specifications and the quality standards laid down in the contract and that the quantities exported are accurate. The services of such inspection companies are utilized not only by private business firms, but also by State-owned enterprises and government department.

English

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