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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.

English

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Trade and competition policy

The subject of the interaction between trade and competition policy was added to the work programme of WTO as a result of decisions taken at the 1996 Singapore Ministerial Conference. The Working Group which has been established is expected to study and analyse “issues raised by Members relating the interaction between trade and competition policy, including anti-competitive practices,” and to “identify areas that merit further consideration in the WTO framework.” In carrying out analytical work, the Group is expected to take into account the provisions of the Agreement on Trade-Related Investment Measures, provisions in WTO law on investment and competition policy, and discussions in the Working Group on Trade and Investment.

English

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