Swiss Formula (WTO – NAMA)
The Swiss Formula is a suggested method for reducing tariff on non-agricultural goods (NAMA) by both developed and developing countries. …
Read MoreNon- Agricultural Market Access (NAMA)
NAMA refers to the trade liberalisation rules about major non-agricultural goods, specifically industrial goods under WTO. According to WTO, “The …
Read MoreApplied rate (tariff under WTO)
Applied rate is the actual tariff rate (import tax rate) on a specific commodity (that is within the bound rate).It is …
Read MoreBound rate (WTO)
Bound rate is the maximum rate of duty (tariff) that can be imposed by the importing country on an imported …
Read MoreQuantitative Restrictions (quota)
Quantitative Restriction is a trade barrier that restrict the import of a commodity to a specific quantity during a year.
Read MoreMovements of natural persons
Movement of natural persons is an important mode of services supply under WTO’s General Agreement on Trade in Services. Moment …
Read MoreModes (four) of services trade under GATS
The General Agreement on Trade in Services regime of the WTO classifies services in terms of its delivery modes. As …
Read MoreGeneral Agreement on Trade in Services (GATS)
GATS is the service trade agreement of the WTO. It envisages a sound multilateral framework or principles and rules for …
Read MoreTrade Related Investment Measures (TRIMs)
Trade Related Investment Measures (TRIMs) is an agreement under WTO that gives protection to foreign investment in host countries from …
Read MoreInvestment measures
Investment measures are those steps used traditionally against foreign investment by host countries.
Read More