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What Is Marrakesh Agreement
رحمة الله عليه(ها) What Is Marrakesh Agreement

2. The WTO shall provide a forum for negotiations between its Members on their multilateral trade relations on matters dealt with under the agreements set out in the Annexes to this Agreement. The WTO can also provide a forum for further negotiations among its Members on their multilateral trade relations and a framework for the implementation of the results of these negotiations, as may be decided by the Ministerial Conference. 3. The agreements and related legal instruments set out in Annex 4 (hereinafter referred to as “plurilateral trade agreements”) shall also be among the Members which have adopted and are binding on them. Plurilateral trade agreements do not create obligations or rights for members who have not accepted them. 2. Decisions on accession shall be taken by the Ministerial Conference. The Ministerial Conference approves the Agreement on the Conditions of Accession by a Two-Thirds Majority of WTO Members. 3.

Paragraph 1 shall apply between a Member and another Member which has acceded in accordance with Article XII only if the Member which does not agree with the request has informed the Ministerial Conference thereof prior to the approval of the Agreement on the Conditions of Accession by the Ministerial Conference. While the Marrakesh Agreement itself does not apply directly to your business, the WTO Agreements in its annexes provide a comprehensive set of rules designed to facilitate competition in today`s global marketplace. The full text of all WTO Agreements, including those concluded since the inception of the WTO, can be found in the U.S. Department of Commerce`s TARA Trade Agreements Negotiation and Compliance database. 5. There is a Council for Trade in Goods, a Council for Trade in Services and a Council for Trade-Related Aspects of Intellectual Property Rights (hereinafter referred to as the “TRIPS COUNCIL”), which operate under the general direction of the General Council. The Council for Trade in Goods oversees the operation of the multilateral trade agreements set out in Annex 1A. The Council for Trade in Services monitors the operation of the General Agreement on Trade in Services (hereinafter referred to as “GATS”). The TRIPS Council monitors the operation of the Agreement on Trade-Related Aspects of Intellectual Property Rights (hereinafter referred to as the “TRIPS Agreement”). These Councils carried out the tasks entrusted to them by their respective agreements and by the General Council. They shall adopt their rules of procedure subject to the approval of the General Council. Membership in these councils is open to representatives of all members.

Such advice shall be necessary for the performance of its functions. 2. The agreements and related instruments set out in Annexes 1, 2 and 3 (hereinafter referred to as “multilateral trade agreements”) shall form an integral part of this Agreement and shall be binding on all Members. This Agreement defines the scope, tasks and structure of the World Trade Organisation (WTO). The agreements previously negotiated under the General Agreement on Tariffs and Trade (GATT), as well as those concluded in the Uruguay Round, have been incorporated as integral parts of the Marrakesh Agreement and are contained in its annexes. .