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Over the past 20 years, global trade in goods has nearly quadrupled, reaching US$ 19 trillion in 2013 compared with US$ 5 trillion in 1996. This represents an annual growth rate of 7.6 per cent on average. Over the same period, there has been a 15 per cent reduction in average tariffs applied by...
Persistent link: https://www.econbiz.de/10012883270
Over the past 20 years, nearly 500 disputes have been brought to the WTO. About half of these were resolved during bilateral discussions while the other half proceeded to a panel process, which in recent years generally takes about 14 months. Appeals are considered by the WTO’s Appellate Body...
Persistent link: https://www.econbiz.de/10012883296
The creation of the WTO in 1995 marked a crucial step in the history of multilateral trade, helping to open up fresh avenues of dialogue on how trade interacts with the environment and how to ensure that trade and environmental policies work hand in hand. This brochure, produced to mark the...
Persistent link: https://www.econbiz.de/10012883288