The World Trade Organisation (WTO) on 04 December launched a new edition of “Tariff Negotiations and Renegotiations under the GATT and the WTO”. The book reviews how the procedures and practices regarding tariff negotiations have evolved since the General Agreement on Tariffs and Trade (GATT) was established over seven decades ago and highlights some of the major developments since the first edition of this book was published in 2001.
It reviews progress in all areas of tariff negotiations and renegotiations since the establishment of the GATT in 1947. Since then, international trade in goods has increased dramatically, largely due to efforts by the world’s leading traders to reduce and eliminate tariffs multilaterally.
The book reviews the current legal framework of tariff negotiations and renegotiations, the tariff negotiations held in the context of multilateral trade negotiations, and the bilateral and plurilateral negotiations under GATT 1947 and the WTO, including those that have taken place outside the context of tariff conferences and rounds of multilateral trade negotiations. It also explores the renegotiations that have been carried out under various GATT provisions.