The parties to the interim agreement notify the Trade in Goods Council of substantial changes to the plan and timetable contained in this agreement and, upon request, the Commission reviews the amendments. In December 2013, the WTO`s largest agreement, known as the Bali Package, was signed. [114] Reaffirming that the aim of these agreements should be to facilitate trade between the constituent territories and not to create barriers to trade by other members with these territories; And that, when created or enlarged, the parties should, as far as possible, avoid having adverse effects on other members` exchanges; The Final Act, signed in Marrakech in 1994, is like a cover. Everything else depends on that. First, the WTO agreement (or the WTO agreement), which serves as a framework agreement. The annex contains agreements on goods, services and intellectual property, dispute resolution, the trade policy review mechanism and multilateral agreements. Commitments are also part of the Uruguay Round agreements. These schedules include commitments made by the various WTO members, which allow certain foreign products or suppliers to access their markets. Calendars are an integral part of the agreements. In the printed version, these calendars cover approximately 30,000 pages for all WTO members. In the event of a conflict between a provision of the General Agreement on Tariffs and Trade in 1994 and a provision of another agreement in Schedule 1A of the World Trade Organization agreement (known as the “WTO agreement” in the Schedule 1A agreements), priority is given to the definition of the other agreement.

Although the Marrakesh agreement itself does not apply directly to your business, the WTO agreements offer, in their annexes, a comprehensive set of rules aimed at facilitating competition in the current global market. The full text of all WTO agreements, including those concluded since the wto`s inception, is contained in the TARA database on negotiations and compliance with U.S. Department of Commerce trade agreements. There is a Council for Trade in Goods, a Council for Trade in Services and a Council on Aspects of Intellectual Property Rights That Affect Trade (`The TRIPS Council`), acting under the general direction of the General Council.