Nearly all WTO members are subordinate to the different regional economic integration organization terms of use WTO to participate in various regional preferential arrangements of great significance to China br br Finally end our long history of 15 years of accession negotiations to obtain full membership of the WTO which means that our country 39 s international economic position of considerable changes will occur from China 39 s reform and opening up will enter a new historical stages However to obtain WTO membership on China 39 s future can enjoy br br To the benefit of the analysis we have seen In fact China is the world 39 s multilateral trading system and not as some people think has made WTO membership as among the most favorable treatment quot MFN quot text certain misleading This is because in most cases the national customs tariff the quot most favored nation quot is in fact the basic tax rate sometimes the column often is the highest tax rate In the WTO multilat eral trading system but also there is a corresponding parallel objective phenomenon namely the growing number and scope of different regional economic integration arrangements br br So called quot regional economic integration quot in relation to aspects of the international trading system usually refers to a number of countries to negotiate tariff and non tariff preferences provide each other with the arrangements These preferential arrangements between the signatories in the agreement only applies to one another do not benefit any other third party Regional economic integration of the most common form of customs union free trade and other preferential arrangements Customs union in accordance with the form of the characteristics of regional preferential arrangements the alliance of trade among the members of each duty free all the members of other non member states set uniform import tariff rate in accordance with the form of a regional free trade area characteristics of pr eferential arrangements is the region duty free mutual trade among members but members can be imported from other non member can set its own tariff rates of goods br br Substantive regional integration arrangements in the GATT had existed before the birth The main source is the July 24 1923 after the collapse of the Ottoman Empire left the States British overseas territories and colonies that later left to form the Commonwealth preferential system of arrangements including Britain Canada Australia New Zealand South Africa Federation Ireland India Newfoundland Southern Rhodesia Burma Ceylon French overseas territories and later the Lom Agreement member countries France French Equatorial Africa French West Africa Cameroon French Somali Coast France Oceania residence Indochina Madagascar Morocco Togo Tunisia etc Netherlands Belgium and Luxembourg Economic Union and overseas colonies the Belgian Congo New Guinea Suriname Indonesia and so on These have been clearly documented in the GATT and in the text of the GATT Article I MFN exception form shall be maintained br br Strictly speaking the EU 39 s predecessor the European Economic Community in the last century 50 39 s set up with the relationship between GATT Article I MFN status has not been clarified That is the legitimacy of the European Economic Community in the GATT outstanding br br preferential arrangements among developing countries in GATT is based on the quot enabling clause quot as the legal basis for substantive arrangements for exclusive regional integration WTO membership is the basic attitude of tolerance and welcome Because WTO members felt that despite the relatively multilateral liberalization regional liberalization is a second best option However regional economic arrangements and economic globalization trade liberalization or quot two sides of a coin quot A broader sense regional and multilateral action to promote trade liberalization are complementary rather than mutually excl usive Countries with similar levels of economic development between the first and more easily reach agreement to reduce tariffs and non tariff barriers Regional economic and trade liberalization arrangement as a foundation for economic globalization and to create conditions WTO Secretariat a study in 1995 also concluded that regional agreements allow groups of countries to negotiate a multilateral level can hardly be related to the rules and commitments Therefore WTO generally require only regional economic integration arrangement is allowed to erect new barriers To this end regional economic integration arrangements must be notified to the WTO in detail the contents of preferential arrangements and accept the multilateral consideration February 6 1996 WTO General Council established the Committee on Regional Trade Agreements Purpose of the regional organization consistent with the WTO rules to consider the question assessment The Committee is also responsible for how the im pact of regional arrangements for the multilateral trading system regional and multilateral arrangements to consider the relationship between br br 1996 2 6 WTO General Council established the Committee on Regional Trade Agreements Its two main functions are to consider the various regional agreements consider these agreements affect the multilateral trading system systems and the relationships between them In the GATT era consideration of the agreement by a separate working group Regional Trade Agreements as the only deliberative body established the increased efficiency of the review process to discuss a complete system with common problems to provide a venue br br If you want to present the regional economic integration arrangements around the world arranged in a network diagram we can see it constitutes quite bulky The vast majority of countries almost all WTO members are subordinated to all of the different regional economic integration organizations many countries have also participated in several different rules of regional trade agreements According to WTO Secretariat data from the World Trade Organization in 1948 the predecessor of GATT during the period until 1994 GATT had received a cargo of 124 regional trade agreements on the establishment of the notification but since 1995 Since the founding of WTO WTO has received more than 100 on the establishment of regional trade in goods and services trade agreements notified If all of the above notification to the GATT or the WTO to establish the number of regional trade agreements combined there should be more than 200 but not all of these agreements today are still practical and effective some of which have suspended the implementation there has been been part of the original signatories to redesign the new agreement finished to succeed The actual implementation of the present and there is still substantial incentives number of regional trade agreements the content of some 150 or so In the se regional trade agreements nearly 60 is reached between the European countries but also a considerable part of belonging to different geographical regions in the range of agreement between the countries Preferential arrangements among developing countries account for regional trade agreements about 15 of the total some are
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