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Tariffs no longer matter in international trade law. Between 1947, when the General Agreement on Tariffs and Trade (GATT) entered into force, and 1994, the eve of the entry into force of the Uruguay Round agreements, average tariffs in industrial countries plunged from 40% to 6.3%. As a result...
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[...] This article chronicles the schisms in the Doha Round, which was launched in November 2001 in the Qatari capital, with resoluteness to fight back in the international economic arena against terrorism. Yet, many of the schisms existed well before the terrorist attacks of September 11, 2001,...
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Among the most contentious issues (if not the most contentious issue) in the Doha Round negotiations are agricultural subsidies. Developed countries stand accused of selfish adherence to domestic support and export subsidies that impoverish farmers in developing countries. Developing countries...
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The multilateral trading system embodied in the World Trade Organization has contributed significantly to economic growth, development and employment throughout the past fifty years. We are determined, particularly in the light of the global economic slowdown, to maintain the process of reform...
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