AGREEMENT ESTABLISHING THE

WORLD TRADE ORGANIZATION

The Parties to this Agreement,

Recognizing that their relations in the field of trade and economic endeavour should be conducted

with a view to raising standards of living, ensuring full employment and a large and steadily growing

volume of real income and effective demand, and expanding the production of and trade in goods and

services, while allowing for the optimal use of the world's resources in accordance with the objective

of sustainable development, seeking both to protect and preserve the environment and to enhance the

means for doing so in a manner consistent with their respective needs and concerns at different levels

of economic development,

Recognizing further that there is need for positive efforts designed to ensure that developing

countries, and especially the least developed among them, secure a share in the growth in international

trade commensurate with the needs of their economic development,

Being desirous of contributing to these objectives by entering into reciprocal and mutually

advantageous arrangements directed to the substantial reduction of tariffs and other barriers to trade

and to the elimination of discriminatory treatment in international trade relations,

Resolved, therefore, to develop an integrated, more viable and durable multilateral trading system

encompassing the General Agreement on Tariffs and Trade, the results of past trade liberalization efforts,

and all of the results of the Uruguay Round of Multilateral Trade Negotiations,

Determined to preserve the basic principles and to further the objectives underlying this

multilateral trading system,

Agree as follows:

Article I

Establishment of the Organization

The World Trade Organization (hereinafter referred to as "the WTO") is hereby established.

Article II

Scope of the WTO

1. The WTO shall provide the common institutional framework for the conduct of trade relations

among its Members in matters related to the agreements and associated legal instruments included in

the Annexes to this Agreement.

2. The agreements and associated legal instruments included in Annexes 1, 2 and 3 (hereinafter

referred to as "Multilateral Trade Agreements") are integral parts of this Agreement, binding on all

Members.

3. The agreements and associated legal instruments included in Annex 4 (hereinafter referred

to as "Plurilateral Trade Agreements") are also part of this Agreement for those Members that have

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accepted them, and are binding on those Members. The Plurilateral Trade Agreements do not create

either obligations or rights for Members that have not accepted them.

4. The General Agreement on Tariffs and Trade 1994 as specified in Annex 1A (hereinafter referred

to as "GATT 1994") is legally distinct from the General Agreement on Tariffs and Trade, dated

30 October 1947, annexed to the Final Act Adopted at the Conclusion of the Second Session of the

Preparatory Committee of the United Nations Conference on Trade and Employment, as subsequently

rectified, amended or modified (hereinafter referred to as "GATT 1947").

Article III

Functions of the WTO

1. The WTO shall facilitate the implementation, administration and operation, and further the

objectives, of this Agreement and of the Multilateral Trade Agreements, and shall also provide the

framework for the implementation, administration and operation of the Plurilateral Trade Agreements.

2. The WTO shall provide the forum for negotiations among its Members concerning their

multilateral trade relations in matters dealt with under the agreements in the Annexes to this Agreement.

The WTO may also provide a forum for further negotiations among its Members concerning their

multilateral trade relations, and a framework for the implementation of the results of such negotiations,

as may be decided by the Ministerial Conference.

3. The WTO shall administer the Understanding on Rules and Procedures Governing the Settlement

of Disputes (hereinafter referred to as the "Dispute Settlement Understanding" or "DSU") in Annex 2

to this Agreement.

4. The WTO shall administer the Trade Policy Review Mechanism (hereinafter referred to as the

"TPRM") provided for in Annex 3 to this Agreement.

5. With a view to achieving greater coherence in global economic policy-making, the WTO shall

cooperate, as appropriate, with the International Monetary Fund and with the International Bank for

Reconstruction and Development and its affiliated agencies.

Article IV

Structure of the WTO

1. There shall be a Ministerial Conference composed of representatives of all the Members, which

shall meet at least once every two years. The Ministerial Conference shall carry out the functions of

the WTO and take actions necessary to this effect. The Ministerial Conference shall have the authority

to take decisions on all matters under any of the Multilateral Trade Agreements, if so requested by

a Member, in accordance with the specific requirements for decision-making in this Agreement and

in the relevant Multilateral Trade Agreement.

2. There shall be a General Council composed of representatives of all the Members, which shall

meet as appropriate. In the intervals between meetings of the Ministerial Conference, its functions

shall be conducted by the General Council. The General Council shall also carry out the functions

assigned to it by this Agreement. The General Council shall establish its rules of procedure and approve

the rules of procedure for the Committees provided for in paragraph 7.

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3. The General Council shall convene as appropriate to discharge the responsibilities of the Dispute

Settlement Body provided for in the Dispute Settlement Understanding. The Dispute Settlement Body

may have its own chairman and shall establish such rules of procedure as it deems necessary for the

fulfilment of those responsibilities.

4. The General Council shall convene as appropriate to discharge the responsibilities of the Trade

Policy Review Body provided for in the TPRM. The Trade Policy Review Body may have its own

chairman and shall establish such rules of procedure as it deems necessary for the fulfilment of those

responsibilities.

5. There shall be 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 "Council for

TRIPS"), which shall operate under the general guidance of the General Council. The Council for Trade

in Goods shall oversee the functioning of the Multilateral Trade Agreements in Annex 1A. The Council

for Trade in Services shall oversee the functioning of the General Agreement on Trade in Services

(hereinafter referred to as "GATS"). The Council for TRIPS shall oversee the functioning of the

Agreement on Trade-Related Aspects of Intellectual Property Rights (hereinafter referred to as the

"Agreement on TRIPS"). These Councils shall carry out the functions assigned to them by their respective

agreements and by the General Council. They shall establish their respective rules of procedure subject

to the approval of the General Council. Membership in these Councils shall be open to representatives

of all Members. These Councils shall meet as necessary to carry out their functions.

6. The Council for Trade in Goods, the Council for Trade in Services and the Council for TRIPS

shall establish subsidiary bodies as required. These subsidiary bodies shall establish their respective

rules of procedure subject to the approval of their respective Councils.

7. The Ministerial Conference shall establish a Committee on Trade and Development, a Committee

on Balance-of-Payments Restrictions and a Committee on Budget, Finance and Administration, which

shall carry out the functions assigned to them by this Agreement and by the Multilateral Trade

Agreements, and any additional functions assigned to them by the General Council, and may establish

such additional Committees with such functions as it may deem appropriate. As part of its functions,

the Committee on Trade and Development shall periodically review the special provisions in the

Multilateral Trade Agreements in favour of the least-developed country Members and report to the

General Council for appropriate action. Membership in these Committees shall be open to representatives

of all Members.

8. The bodies provided for under the Plurilateral Trade Agreements shall carry out the functions

assigned to them under those Agreements and shall operate within the institutional framework of the

WTO. These bodies shall keep the General Council informed of their activities on a regular basis.

Article V

Relations with Other Organizations

1. The General Council shall make appropriate arrangements for effective cooperation with other

intergovernmental organizations that have responsibilities related to those of the WTO.

2. The General Council may make appropriate arrangements for consultation and cooperation with

non-governmental organizations concerned with matters related to those of the WTO.

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Article VI

The Secretariat

1. There shall be a Secretariat of the WTO (hereinafter referred to as “the Secretariat”) headed

by a Director-General.

2. The Ministerial Conference shall appoint the Director-General and adopt regulations setting

out the powers, duties, conditions of service and term of office of the Director-General.

3. The Director-General shall appoint the members of the staff of the Secretariat and determine

their duties and conditions of service in accordance with regulations adopted by the Ministerial

Conference.

4. The responsibilities of the Director-General and of the staff of the Secretariat shall be exclusively

international in character. In the discharge of their duties, the Director-General and the staff of the

Secretariat shall not seek or accept instructions from any government or any other authority external

to the WTO. They shall refrain from any action which might adversely reflect on their position as

international officials. The Members of the WTO shall respect the international character of the

responsibilities of the Director-General and of the staff of the Secretariat and shall not seek to influence

them in the discharge of their duties.

Article VII

Budget and Contributions

1. The Director-General shall present to the Committee on Budget, Finance and Administration

the annual budget estimate and financial statement of the WTO. The Committee on Budget, Finance

and Administration shall review the annual budget estimate and the financial statement presented by

the Director-General and make recommendations thereon to the General Council. The annual budget

estimate shall be subject to approval by the General Council.

2. The Committee on Budget, Finance and Administration shall propose to the General Council

financial regulations which shall include provisions setting out:

(a) the scale of contributions apportioning the expenses of the WTO among its Members;

and

(b) the measures to be taken in respect of Members in arrears.

The financial regulations shall be based, as far as practicable, on the regulations and practices of

GATT 1947.

3. The General Council shall adopt the financial regulations and the annual budget estimate by

a two-thirds majority comprising more than half of the Members of the WTO.

4. Each Member shall promptly contribute to the WTO its share in the expenses of the WTO in

accordance with the financial regulations adopted by the General Council.

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Article VIII

Status of the WTO

1. The WTO shall have legal personality, and shall be accorded by each of its Members such

legal capacity as may be necessary for the exercise of its functions.

2. The WTO shall be accorded by each of its Members such privileges and immunities as are

necessary for the exercise of its functions.

3. The officials of the WTO and the representatives of the Members shall similarly be accorded

by each of its Members such privileges and immunities as are necessary for the independent exercise

of their functions in connection with the WTO.

4. The privileges and immunities to be accorded by a Member to the WTO, its officials, and the

representatives of its Members shall be similar to the privileges and immunities stipulated in the

Convention on the Privileges and Immunities of the Specialized Agencies, approved by the General

Assembly of the United Nations on 21 November 1947.

5. The WTO may conclude a headquarters agreement.

Article IX

Decision-Making

1. The WTO shall continue the practice of decision-making by consensus followed under

GATT 1947.1 Except as otherwise provided, where a decision cannot be arrived at by consensus, the

matter at issue shall be decided by voting. At meetings of the Ministerial Conference and the General

Council, each Member of the WTO shall have one vote. Where the European Communities exercise

their right to vote, they shall have a number of votes equal to the number of their member States2 which

are Members of the WTO. Decisions of the Ministerial Conference and the General Council shall be

taken by a majority of the votes cast, unless otherwise provided in this Agreement or in the relevant

Multilateral Trade Agreement.3

2. The Ministerial Conference and the General Council shall have the exclusive authority to adopt

interpretations of this Agreement and of the Multilateral Trade Agreements. In the case of an

interpretation of a Multilateral Trade Agreement in Annex 1, they shall exercise their authority on the

basis of a recommendation by the Council overseeing the functioning of that Agreement. The decision

to adopt an interpretation shall be taken by a three-fourths majority of the Members. This paragraph

shall not be used in a manner that would undermine the amendment provisions in Article X.

3. In exceptional circumstances, the Ministerial Conference may decide to waive an obligation

imposed on a Member by this Agreement or any of the Multilateral Trade Agreements, provided that

1The body concerned shall be deemed to have decided by consensus on a matter submitted for its consideration, if no

Member, present at the meeting when the decision is taken, formally objects to the proposed decision.

2The number of votes of the European Communities and their member States shall in no case exceed the number of the

member States of the European Communities.

3Decisions by the General Council when convened as the Dispute Settlement Body shall be taken only in accordance

with the provisions of paragraph 4 of Article 2 of the Dispute Settlement Understanding.

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any such decision shall be taken by three fourths4 of the Members unless otherwise provided for in

this paragraph.

(a) A request for a waiver concerning this Agreement shall be submitted to the Ministerial

Conference for consideration pursuant to the practice of decision-making by consensus.

The Ministerial Conference shall establish a time-period, which shall not exceed 90 days,

to consider the request. If consensus is not reached during the time-period, any decision

to grant a waiver shall be taken by three fourths4 of the Members.

(b) A request for a waiver concerning the Multilateral Trade Agreements in Annexes 1A

or 1B or 1C and their annexes shall be submitted initially to the Council for Trade in

Goods, the Council for Trade in Services or the Council for TRIPS, respectively, for

consideration during a time-period which shall not exceed 90 days. At the end of the

time-period, the relevant Council shall submit a report to the Ministerial Conference.

4. A decision by the Ministerial Conference granting a waiver shall state the exceptional

circumstances justifying the decision, the terms and conditions governing the application of the waiver,

and the date on which the waiver shall terminate. Any waiver granted for a period of more than one

year shall be reviewed by the Ministerial Conference not later than one year after it is granted, and

thereafter annually until the waiver terminates. In each review, the Ministerial Conference shall examine

whether the exceptional circumstances justifying the waiver still exist and whether the terms and

conditions attached to the waiver have been met. The Ministerial Conference, on the basis of the annual

review, may extend, modify or terminate the waiver.

5. Decisions under a Plurilateral Trade Agreement, including any decisions on interpretations and

waivers, shall be governed by the provisions of that Agreement.

Article X

Amendments

1. Any Member of the WTO may initiate a proposal to amend the provisions of this Agreement

or the Multilateral Trade Agreements in Annex 1 by submitting such proposal to the Ministerial

Conference. The Councils listed in paragraph 5 of Article IV may also submit to the Ministerial

Conference proposals to amend the provisions of the corresponding Multilateral Trade Agreements

in Annex 1 the functioning of which they oversee. Unless the Ministerial Conference decides on a

longer period, for a period of 90 days after the proposal has been tabled formally at the Ministerial

Conference any decision by the Ministerial Conference to submit the proposed amendment to the Members

for acceptance shall be taken by consensus. Unless the provisions of paragraphs 2, 5 or 6 apply, that

decision shall specify whether the provisions of paragraphs 3 or 4 shall apply. If consensus is reached,

the Ministerial Conference shall forthwith submit the proposed amendment to the Members for acceptance.

If consensus is not reached at a meeting of the Ministerial Conference within the established period,

the Ministerial Conference shall decide by a two-thirds majority of the Members whether to submit

the proposed amendment to the Members for acceptance. Except as provided in paragraphs 2, 5 and

6, the provisions of paragraph 3 shall apply to the proposed amendment, unless the Ministerial Conference

decides by a three-fourths majority of the Members that the provisions of paragraph 4 shall apply.

2. Amendments to the provisions of this Article and to the provisions of the following Articles

shall take effect only upon acceptance by all Members:

4A decision to grant a waiver in respect of any obligation subject to a transition period or a period for staged implementation

that the requesting Member has not performed by the end of the relevant period shall be taken only by consensus.

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Article IX of this Agreement;

Articles I and II of GATT 1994;

Article II:1 of GATS;

Article 4 of the Agreement on TRIPS.

3. Amendments to provisions of this Agreement, or of the Multilateral Trade Agreements in

Annexes 1A and 1C, other than those listed in paragraphs 2 and 6, of a nature that would alter the rights

and obligations of the Members, shall take effect for the Members that have accepted them upon

acceptance by two thirds of the Members and thereafter for each other Member upon acceptance by

it. The Ministerial Conference may decide by a three-fourths majority of the Members that any

amendment made effective under this paragraph is of such a nature that any Member which has not

accepted it within a period specified by the Ministerial Conference in each case shall be free to withdraw

from the WTO or to remain a Member with the consent of the Ministerial Conference.

4. Amendments to provisions of this Agreement or of the Multilateral Trade Agreements in

Annexes 1A and 1C, other than those listed in paragraphs 2 and 6, of a nature that would not alter

the rights and obligations of the Members, shall take effect for all Members upon acceptance by two

thirds of the Members.

5. Except as provided in paragraph 2 above, amendments to Parts I, II and III of GATS and the

respective annexes shall take effect for the Members that have accepted them upon acceptance by two

thirds of the Members and thereafter for each Member upon acceptance by it. The Ministerial Conference

may decide by a three-fourths majority of the Members that any amendment made effective under the

preceding provision is of such a nature that any Member which has not accepted it within a period

specified by the Ministerial Conference in each case shall be free to withdraw from the WTO or to

remain a Member with the consent of the Ministerial Conference. Amendments to Parts IV, V and

VI of GATS and the respective annexes shall take effect for all Members upon acceptance by two thirds

of the Members.

6. Notwithstanding the other provisions of this Article, amendments to the Agreement on TRIPS

meeting the requirements of paragraph 2 of Article 71 thereof may be adopted by the Ministerial

Conference without further formal acceptance process.

7. Any Member accepting an amendment to this Agreement or to a Multilateral Trade Agreement

in Annex 1 shall deposit an instrument of acceptance with the Director-General of the WTO within

the period of acceptance specified by the Ministerial Conference.

8. Any Member of the WTO may initiate a proposal to amend the provisions of the Multilateral

Trade Agreements in Annexes 2 and 3 by submitting such proposal to the Ministerial Conference.

The decision to approve amendments to the Multilateral Trade Agreement in Annex 2 shall be made

by consensus and these amendments shall take effect for all Members upon approval by the Ministerial

Conference. Decisions to approve amendments to the Multilateral Trade Agreement in Annex 3 shall

take effect for all Members upon approval by the Ministerial Conference.

9. The Ministerial Conference, upon the request of the Members parties to a trade agreement,

may decide exclusively by consensus to add that agreement to Annex 4. The Ministerial Conference,

upon the request of the Members parties to a Plurilateral Trade Agreement, may decide to delete that

Agreement from Annex 4.

10. Amendments to a Plurilateral Trade Agreement shall be governed by the provisions of that

Agreement.

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Article XI

Original Membership

1. The contracting parties to GATT 1947 as of the date of entry into force of this Agreement,

and the European Communities, which accept this Agreement and the Multilateral Trade Agreements

and for which Schedules of Concessions and Commitments are annexed to GATT 1994 and for which

Schedules of Specific Commitments are annexed to GATS shall become original Members of the WTO.

2. The least-developed countries recognized as such by the United Nations will only be required

to undertake commitments and concessions to the extent consistent with their individual development,

financial and trade needs or their administrative and institutional capabilities.

Article XII

Accession

1. Any State or separate customs territory possessing full autonomy in the conduct of its external

commercial relations and of the other matters provided for in this Agreement and the Multilateral Trade

Agreements may accede to this Agreement, on terms to be agreed between it and the WTO. Such accession

shall apply to this Agreement and the Multilateral Trade Agreements annexed thereto.

2. Decisions on accession shall be taken by the Ministerial Conference. The Ministerial Conference

shall approve the agreement on the terms of accession by a two-thirds majority of the Members of the

WTO.

3. Accession to a Plurilateral Trade Agreement shall be governed by the provisions of that

Agreement.

Article XIII

Non-Application of Multilateral Trade Agreements

between Particular Members

1. This Agreement and the Multilateral Trade Agreements in Annexes 1 and 2 shall not apply

as between any Member and any other Member if either of the Members, at the time either becomes

a Member, does not consent to such application.

2. Paragraph 1 may be invoked between original Members of the WTO which were contracting

parties to GATT 1947 only where Article XXXV of that Agreement had been invoked earlier and was

effective as between those contracting parties at the time of entry into force for them of this Agreement.

3. Paragraph 1 shall apply between a Member and another Member which has acceded under

Article XII only if the Member not consenting to the application has so notified the Ministerial Conference

before the approval of the agreement on the terms of accession by the Ministerial Conference.

4. The Ministerial Conference may review the operation of this Article in particular cases at the

request of any Member and make appropriate recommendations.

5. Non-application of a Plurilateral Trade Agreement between parties to that Agreement shall be

governed by the provisions of that Agreement.

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Article XIV

Acceptance, Entry into Force and Deposit

1. This Agreement shall be open for acceptance, by signature or otherwise, by contracting parties

to GATT 1947, and the European Communities, which are eligible to become original Members of

the WTO in accordance with Article XI of this Agreement. Such acceptance shall apply to this

Agreement and the Multilateral Trade Agreements annexed hereto. This Agreement and the Multilateral

Trade Agreements annexed hereto shall enter into force on the date determined by Ministers in accordance

with paragraph 3 of the Final Act Embodying the Results of the Uruguay Round of Multilateral Trade

Negotiations and shall remain open for acceptance for a period of two years following that date unless

the Ministers decide otherwise. An acceptance following the entry into force of this Agreement shall

enter into force on the 30th day following the date of such acceptance.

2. A Member which accepts this Agreement after its entry into force shall implement those concessions

and obligations in the Multilateral Trade Agreements that are to be implemented over a period

of time starting with the entry into force of this Agreement as if it had accepted this Agreement on

the date of its entry into force.

3. Until the entry into force of this Agreement, the text of this Agreement and the Multilateral

Trade Agreements shall be deposited with the Director-General to the CONTRACTING PARTIES to

GATT 1947. The Director-General shall promptly furnish a certified true copy of this Agreement and

the Multilateral Trade Agreements, and a notification of each acceptance thereof, to each government

and the European Communities having accepted this Agreement. This Agreement and the Multilateral

Trade Agreements, and any amendments thereto, shall, upon the entry into force of this Agreement,

be deposited with the Director-General of the WTO.

4. The acceptance and entry into force of a Plurilateral Trade Agreement shall be governed by

the provisions of that Agreement. Such Agreements shall be deposited with the Director-General to

the CONTRACTING PARTIES to GATT 1947. Upon the entry into force of this Agreement, such

Agreements shall be deposited with the Director-General of the WTO.

Article XV

Withdrawal

1. Any Member may withdraw from this Agreement. Such withdrawal shall apply both to this

Agreement and the Multilateral Trade Agreements and shall take effect upon the expiration of six months

from the date on which written notice of withdrawal is received by the Director-General of the WTO.

2. Withdrawal from a Plurilateral Trade Agreement shall be governed by the provisions of that

Agreement.

Article XVI

Miscellaneous Provisions

1. Except as otherwise provided under this Agreement or the Multilateral Trade Agreements, the

WTO shall be guided by the decisions, procedures and customary practices followed by the

CONTRACTING PARTIES to GATT 1947 and the bodies established in the framework of GATT 1947.

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2. To the extent practicable, the Secretariat of GATT 1947 shall become the Secretariat of the

WTO, and the Director-General to the CONTRACTING PARTIES to GATT 1947, until such time

as the Ministerial Conference has appointed a Director-General in accordance with paragraph 2 of

Article VI of this Agreement, shall serve as Director-General of the WTO.

3. In the event of a conflict between a provision of this Agreement and a provision of any of the

Multilateral Trade Agreements, the provision of this Agreement shall prevail to the extent of the conflict.

4. Each Member shall ensure the conformity of its laws, regulations and administrative procedures

with its obligations as provided in the annexed Agreements.

5. No reservations may be made in respect of any provision of this Agreement. Reservations

in respect of any of the provisions of the Multilateral Trade Agreements may only be made to the extent

provided for in those Agreements. Reservations in respect of a provision of a Plurilateral Trade

Agreement shall be governed by the provisions of that Agreement.

6. This Agreement shall be registered in accordance with the provisions of Article 102 of the Charter

of the United Nations.

DONE at Marrakesh this fifteenth day of April one thousand nine hundred and ninety-four,

in a single copy, in the English, French and Spanish languages, each text being authentic.

Explanatory Notes:

The terms "country" or "countries" as used in this Agreement and the Multilateral Trade Agreements are to be understood

to include any separate customs territory Member of the WTO.

In the case of a separate customs territory Member of the WTO, where an expression in this Agreement and the

Multilateral Trade Agreements is qualified by the term "national", such expression shall be read as pertaining to that customs

territory, unless otherwise specified.

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LIST OF ANNEXES

ANNEX 1

ANNEX 1A: Multilateral Agreements on Trade in Goods

General Agreement on Tariffs and Trade 1994

Agreement on Agriculture

Agreement on the Application of Sanitary and Phytosanitary Measures

Agreement on Textiles and Clothing

Agreement on Technical Barriers to Trade

Agreement on Trade-Related Investment Measures

Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994

Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994

Agreement on Preshipment Inspection

Agreement on Rules of Origin

Agreement on Import Licensing Procedures

Agreement on Subsidies and Countervailing Measures

Agreement on Safeguards

ANNEX 1B: General Agreement on Trade in Services and Annexes

ANNEX 1C: Agreement on Trade-Related Aspects of Intellectual Property Rights

ANNEX 2

Understanding on Rules and Procedures Governing the Settlement of Disputes

ANNEX 3

Trade Policy Review Mechanism

ANNEX 4

Plurilateral Trade Agreements

Agreement on Trade in Civil Aircraft

Agreement on Government Procurement

International Dairy Agreement

International Bovine Meat Agreement