- 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.
Group of developing countries set up in 1964 at the end of the first UNCTAD (originally 77, but now more than 130 countries).
Industry:Economy
Group of seven leading industrial countries: Canada, France, Germany, Italy, Japan, United Kingdom, United States.
Industry:Economy
The former trade and tariffs agreement that has been superseded as an international organization by the WTO. An updated General Agreement is now the WTO agreement governing trade in goods. <b>GATT 1947</b>: The official legal term for the old (pre-1994) version of the GATT.<b> GATT 1994</b>: The official legal term for new version of the General Agreement, incorporated into the WTO, and including GATT 1947.
Industry:Economy
Obligations which should be applied to all services sectors at the entry into force of the GATS agreement.
Industry:Economy
Copies of a patented drug, or of a drug whose patent has expired (sometimes also related to trademarks).
Industry:Economy
Place names (or words associated with a place) used to identify products (for example, Champagne, Tequila or Roquefort) which have a particular quality, reputation or other characteristic because they come from that place.
Industry:Economy
For patents: when the government itself uses or authorizes other persons to use the rights over a patented product or process, for government purposes, without the permission of the patent owner.
Industry:Economy
An agreement (ie, signed by only some WTO members) covering the procurement of goods, services and capital infrastructure by governments and other public authorities.
Industry:Economy
Domestic support for agriculture that is allowed without limits because it does not distort trade, or at most causes minimal distortion.
Industry:Economy
The informal name of the director-general's conference room. It is used to refer to meetings of 20-40 delegations, usually at the level of heads of delegations. These meetings can take place elsewhere, such as at Ministerial Conferences, and can be called by the minister chairing the conference as well as the director-general
Industry:Economy
