A free trade agreement is therefore an important trade instrument managed by the Eurasian Economic Commission (EEC), in accordance with the agreement on the Eurasian Economic Commission of 18 November 2011, which authorises the EEC to carry out its activities with a view to establishing commercial treatment with third countries. However, the dispute resolution system cannot be used to resolve trade disputes arising from political differences. When Qatar called for the creation of a body on the measures imposed by the United Arab Emirates, other GCC countries and the United States immediately rejected their request as a political issue and declared that national security issues were political and unsuitable for the WTO system. [87] The WTO`s highest decision-making body, the Ministerial Conference, usually meets every two years. [36] It brings together all WTO members, all of whom are countries or customs unions. The ministerial conference can make decisions on all issues as part of a multilateral trade agreement. Some meetings, such as the first Ministerial Conference in Singapore and the Cancun conference in 2003,[37] focused on conflicts between developed and developing countries known as “Singapore themes,” such as agricultural subsidies; While others, such as the Seattle conference in 1999, have provoked large protests. The fourth ministerial conference held in Doha in 2001 endorsed China`s accession to the WTO and launched the Doha Development Round, complemented by the sixth WTO Ministerial Conference (in Hong Kong), at which it was agreed to end agricultural export subsidies and adopt the European Union`s initiative to phase in tariffs on products from countries less advanced. At the wto`s sixth ministerial conference in December 2005, the WTO launched the Aid to Trade initiative, with a particular focus on helping developing countries trade, as set out in Goal 8 of Sustainable Development, which is to increase aid to trade and economic growth. [38] The WTO establishes a framework for trade policy; Results are not defined or specified. In other words, it is a matter of defining the rules of “trade policy.” Five principles are particularly important for understanding both the GATT and the WTO prior to 1994: these agreements are an exception to the treatment established by the World Trade Organization, whereby all WTO members agree with each other uniform non-discriminatory treatment.
The General Agreement on Trade in Services was created to extend the multilateral trading system to the services sector, just as the General Agreement on Tariffs and Trade (GATT) provided for such a system for trade in goods. The agreement came into force in January 1995. The final phase of accession includes bilateral negotiations between the candidate country and other members of the Working Group on Concessions and Commitments on the Level of Tariffs and Market Access to Goods and Services.
