The three main WTO agreements (Article 3 of GATT,Īrticle 17 of GATS and Article 3 of TRIPS),Īlthough once again the principle is handled slightly differently in Others the same treatment as one’s own nationals) is also found in all This principle of “national treatment” (giving The same should apply toįoreign and domestic services, and to foreign and local trademarks,Ĭopyrights and patents. The foreign goods have entered the market. National treatment: Treating foreigners and locals equally ImportedĪnd locally-produced goods should be treated equally - at least after In general, MFN means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners But the agreements only permit these exceptions under strict conditions. And in services, countries are allowed, in limited circumstances, to discriminate. Or a country can raise barriers against products that are considered to be traded unfairly from specific countries.
Or they can give developing countries special access to their markets.
discriminating against goods from outside.
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For example, countries can set up a free trade agreement that applies only to goods traded within the group Together, those three agreementsĬover all three main areas of trade handled by the WTO. Principle is handled slightly differently. Property Rights (TRIPS) (Article 4), although in each agreement the (GATS) (Article 2) and the Agreement on Trade-Related Aspects of Intellectual MFN is also a priority in the General Agreement on Trade in Services Is so important that it is the first article of the GeneralĪgreement on Tariffs and Trade (GATT), which governs trade in goods. This principle is known as most-favoured-nation Grant someone a special favour (such as a lower customs duty rate for one of their products) and you have to do the same for all other WTO members. Most-favoured-nation (MFN): treating other people equally Under the WTO agreements, countries cannot normally discriminate between their trading partners.
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