This book provides a basic guide to the new World Trade Organization (WTO) code of conduct, and then focuses on the problems and issues arising in relation to its implementation. It considers the institutional aspects of the WTO along with an explanation of the substantive provisions of the WTO code. The establishment of the WTO places the international trading system on a firm constitutional footing. The Marrakesh Agreement establishing the WTO sets out the purposes and objectives of the WTO and its institutional framework. The primary purposes of the WTO are twofold: to ensure the reduction of tariffs and other barriers to trade, and the elimination of discriminatory treatment in international trade relations. The book presents an examination of the GATT 1994, and the various agreements arising from the Uruguay Round Of Multilateral Trade Negotiations. It consists of a general examination of the various techniques employed in order to ensure the implementation of the WTO code. The book presents the theory of the techniques of implementation and explores the various elements of the implementation techniques employed in the WTO code, other than the Trade Policy Review and Dispute Settlement Mechanisms. It focuses on dispute settlement which is an important technique of implementation and comprises an examination of the Trade Policy Review Mechanism. The book focuses on preconditions in the framework of implementation and on the issues and problems of implementation in so far as they relate to developing countries and trade 'blocs'.
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