Agreement on Technical Barriers to Trade PPT: A Comprehensive Guide
In today`s global marketplace, it`s more important than ever to understand the agreements that govern international trade. One of the most important of these agreements is the Agreement on Technical Barriers to Trade (TBT), which was established by the World Trade Organization (WTO) in 1995. This agreement seeks to ensure that technical regulations, standards, and procedures do not create unnecessary barriers to international trade.
This article is a comprehensive guide to the Agreement on Technical Barriers to Trade PPT, which provides a useful overview of the key provisions of the agreement.
What is the Agreement on Technical Barriers to Trade?
The Agreement on Technical Barriers to Trade is a multilateral agreement that governs the use of technical regulations, standards, and procedures in international trade. It was established by the WTO in 1995 and is one of the most important agreements that govern international trade.
The objective of the agreement is to ensure that technical regulations, standards, and procedures do not create unnecessary barriers to international trade. The agreement seeks to achieve this objective by setting out a number of principles and rules that WTO members must follow when adopting technical regulations, standards, and procedures.
What are the key provisions of the Agreement on Technical Barriers to Trade PPT?
The Agreement on Technical Barriers to Trade PPT provides a useful overview of the key provisions of the agreement. These provisions include:
Scope of the agreement: The TBT agreement applies to all products, including those that are not covered by other WTO agreements.
Transparency: WTO members must notify other members of any proposed technical regulations, standards, or procedures that may affect trade. They must also provide opportunities for comments and consultations.
Non-discrimination: Technical regulations, standards, and procedures must not discriminate against imports or favor domestic products.
Technical regulations: Technical regulations must be based on scientific principles and must not be more trade-restrictive than necessary to achieve their legitimate objectives.
Standards: Standards must be based on scientific principles and must not create unnecessary barriers to trade.
Conformity assessment: Conformity assessment procedures must be transparent, non-discriminatory, and based on international standards.
What are the benefits of the Agreement on Technical Barriers to Trade?
The Agreement on Technical Barriers to Trade provides a number of benefits to WTO members. These benefits include:
Reduced trade barriers: The agreement helps to reduce trade barriers by ensuring that technical regulations, standards, and procedures do not create unnecessary barriers to trade.
Improved transparency: The agreement improves transparency by requiring WTO members to notify other members of any proposed technical regulations, standards, or procedures that may affect trade.
Increased confidence: The agreement increases confidence by requiring conformity assessment procedures to be transparent, non-discriminatory, and based on international standards.
Conclusion
The Agreement on Technical Barriers to Trade is an important agreement that governs the use of technical regulations, standards, and procedures in international trade. It seeks to ensure that these measures do not create unnecessary barriers to trade and provides a number of benefits to WTO members.
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