Is there any use in joining the WTO? What are the conditions for joining the WTO?

Updated on Financial 2024-04-11
2 answers
  1. Anonymous users2024-02-07

    Legal Analysis: Joining the WTO will help win and maintain China's right to speak on the international economic stage and create an international environment conducive to its own development. China and the WTO need each other, and excluding China, a rising world power and the largest actual and potential market, from the WTO will not only deprive China of the legal basis for fulfilling its multilateral concession obligations, but will also inevitably undermine the universal and effective operation of the new multilateral system.

    Legal basis: Foreign Affairs Law of the People's Republic of China

    Article 1: This Law is formulated in order to expand opening up to the outside world, develop foreign business operations, maintain foreign order, protect the lawful rights and interests of foreign business operators, and promote the healthy development of the socialist market economy.

    Article 2 This Law applies to the protection of intellectual property rights related to foreign affairs and foreign countries.

    For the purposes of this Law, the term "foreign affairs" refers to the import and export of goods, the import and export of technology, and international services.

    Article 3: The competent departments for foreign affairs are in charge of national foreign affairs work in accordance with this Law.

    Article 4: The State implements a unified foreign affairs system, encourages the development of foreign affairs, and maintains a fair and free foreign affairs order.

    Article 5 The People's Republic of China, in accordance with the principle of equality and mutual benefit, promotes and develops relations with other countries and regions, concludes or participates in regional economic agreements such as customs union agreements and free zone agreements, and participates in regional economic organizations.

  2. Anonymous users2024-02-06

    Legal analysis: 1. The procedures for accepting the WTO Constitution and the multilateral agreements of the Uruguay Round must be fulfilled in accordance with the procedures and deadlines stipulated in the Statute; 2. Tariff concession schedules and various non-tariff commitment schedules must be made in accordance with the multilateral ** agreements of the Uruguay Round sail pre-sail file; 3. A specific market access commitment must be made in the service field.

    Legal basis: Marrakesh Agreement Establishing the World Organization Article 2 Scope of the WTO 1.The WTO shall provide a common institutional framework for the relations between its members in relation to the agreements and legal documents contained in the annexes to this Agreement. 2. Attachments.

    1. The agreements in Annexes II and III and their legal documents (hereinafter referred to as the "Multilateral** Agreements") are an integral part of this Agreement and are binding on all members. 3. The agreements and legal documents in Annex IV to this Agreement (hereinafter referred to as the "plurilateral agreements") are also part of this Agreement and are binding on the members of the recipient plurilateral agreements. For members who have not accepted the plurilateral agreement, the plurilateral agreement does not give rise to any rights and obligations.

    4. The General Agreement on Tariffs and Tariffs (GATT 1994) in Annex I(1) is legally distinguished from the General Agreement on Tariffs and Tariffs signed on 30 October 1947, which is attached to the Final Act adopted at the conclusion of the Second Session of the United Nations** and the Preparatory Conference for Employment, and its subsequent approved, amended and amended texts.

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