- Industry: Government
- Number of terms: 7177
- Number of blossaries: 0
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The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
In intellectual property protection, the principle that once a product has been sold on a market, the intellectual property owner no longer has any rights over it. (A debate among WTO member governments is whether this applies to products put on the market under compulsory licenses.) Countries laws vary as to whether the right continues to be exhausted if the product is imported from one market into another, which affects the owners rights over trade in the protected product.
Industry:Economy
In Doha Round agriculture: export subsidies and the parallel issues, which could provide loopholes for governments' export subsidies - export finance (credit, guarantees and insurance), exporting state trading enterprises, and international food aid
Industry:Economy
Requirement that a certain quantity of production must be exported.
Industry:Economy
When the nutritional needs of a country or population are met consistently. This is commonly described as when people or populations at all times have physical and economic access to sufficient, safe, and nutritious food to meet their dietary needs and food preferences for a healthy life. Food security and self-sufficiency are not the same, and a key debate is whether policies aiming for self-sufficiency help or hinder food security.
Industry:Economy
Formal meetings are recorded in minutes, decisions can be taken, and formal procedures apply.
Industry:Economy
Informal meetings are for exchanging views or information, with no official record.
Industry:Economy
A casual term used to infer that a country which does not make any trade concessions, profits, nonetheless, from tariff cuts and concessions made by other countries in negotiations under the most-favored-nation principle.
Industry:Economy
Trade within the group is duty free but members set their own tariffs on imports from non-members (e.g. NAFTA).
Industry:Economy
Group of 15 developing countries acting as the main political organ for the Non-Aligned Movement.
Industry:Economy
