Examples of GATT 1947 in a sentence
In the implementation of the Uruguay Round Agreements and the functioning of the World Trade Organization, it is the objective of the United States to ensure that the Ministerial Conference and the General Council continue the practice of decisionmaking by consensus fol- lowed under the GATT 1947, as required by para- graph 1 of article IX of the WTO Agreement.
This Agreement shall be open for acceptance, by signature or otherwise, by contracting parties to GATT 1947, and the European Communities, which are eligible to become original Members of the WTO in accordance with Article XI of this Agreement.
The principle of liberalisation of imports was set under the GATT 1947 and strengthened under the 1994 WTO Agreements.
The largest concentrations were in California, New York, and Texas.
It is also consistent with the practice under Article XIII of GATT 1947 and 1994 for allocation of quotas or tariff quotas.
Well after the 20 per cent ad valorem binding had been withdrawn, the EC notified the GATT CONTRACTING PARTIES, on 19 October 1993, of its intention to renegotiate the 1963 binding pursuant to Article XXVIII:5 of the GATT 1947.
The financial regulations shall be based, as far as practicable, on the regulations and practices of GATT 1947.
That was interpreted under GATT 1947 as referring to contracting parties that could account for at least 10 per cent of the market.
This exemption applies to: (a) the continuation or prompt renewal of a non-conforming provision of such legislation; and (b) the amendment to a non-conforming provision of such legislation to the extent that the amendment does not decrease the conformity of the provision with Part II of GATT 1947.
As had, in the EC' s opinion, rightly been indicated by certain third parties, by a constant practise under GATT 1947 that had never been questioned after the Uruguay Round, the term "substantial interest" was meant to cover only those Members which had "a significant share in market", as it was confirmed by paragraph 7 of the note to paragraph 1 of Article XXVIII of GATT 1994.