Book contents
- Frontmatter
- Contents
- Foreword
- Volume 1
- Volume 2
- Agreement on Subsidies and Countervailing Measures
- Agreement on Safeguards
- General Agreement on Trade in Services
- Agreement on Trade-Related Aspects of Intellectual Property Rights
- Understanding on Rules and Procedures Governing the Settlement of Disputes
- Trade Policy Review Mechanism
- Agreement on Trade in Civil Aircraft
- Agreement on Government Procurement
- GATT Disputes
- WTO Disputes
- Index by Subject
- Index by Case
Trade Policy Review Mechanism
from Volume 2
Published online by Cambridge University Press: 04 August 2017
- Frontmatter
- Contents
- Foreword
- Volume 1
- Volume 2
- Agreement on Subsidies and Countervailing Measures
- Agreement on Safeguards
- General Agreement on Trade in Services
- Agreement on Trade-Related Aspects of Intellectual Property Rights
- Understanding on Rules and Procedures Governing the Settlement of Disputes
- Trade Policy Review Mechanism
- Agreement on Trade in Civil Aircraft
- Agreement on Government Procurement
- GATT Disputes
- WTO Disputes
- Index by Subject
- Index by Case
Summary
PARAGRAPH A
TEXT OF PARAGRAPH A
Members hereby agree as follows:
A. Objectives
(i) The purpose of the Trade Policy Review Mechanism (“TPRM”) is to contribute to improved adherence by all Members to rules, disciplines and commitments made under the Multilateral Trade Agreements and, where applicable, the Plurilateral Trade Agreements, and hence to the smoother functioning of the multilateral trading system, by achieving greater transparency in, and understanding of, the trade policies and practices of Members. Accordingly, the review mechanism enables the regular collective appreciation and evaluation of the full range of individual Members’ trade policies and practices and their impact on the functioning of the multilateral trading system. It is not, however, intended to serve as a basis for the enforcement of specific obligations under the Agreements or for dispute settlement procedures, or to impose new policy commitments on Members.
(ii) The assessment carried out under the review mechanism takes place, to the extent relevant, against the background of the wider economic and developmental needs, policies and objectives of the Member concerned, as well as of its external environment. However, the function of the review mechanism is to examine the impact of a Member’s trade policies and practices on the multilateral trading system.
- Type
- Chapter
- Information
- WTO Analytical IndexGuide to WTO Law and Practice, pp. 2042 - 2048Publisher: Cambridge University PressPrint publication year: 2012