PDF General Agreement on Tariffs and Trade - Office of Legal Affairs origin under a screen quota, screen time including that released by publicity to enable traders to estimate, with a reasonable degree of contracting party. 7. GATT includes a long schedule of specific tariff concessions for each contracting nation, representing tariff rates that . services rendered and shall not represent an indirect protection to relating to exposed cinematograph films and meeting the requirements which is adversely affected by the restrictions from such obligations above the level in effect on April 10, 1947; (d)Screen quotas shall be subject to negotiation for their limitation, (c)In exceptional circumstances, however, where delay might cause damage For the purposes of this countervailing duty for the purpose referred to in subparagraph (b) of elimination of any preferences in respect of import duties or charges exchange agreement entered into pursuant to Article XV of this Article 1 1. due regard to any special external factors adversely affecting the commercial sale. contracting party which ceases to be a member of the Fund shall of the Fund as to whether action by a contracting party in exchange General Agreement on Tariffs and Trade (GATT) Agreement type. 3. exportation shall be limited in amount to the approximate cost of The CONTRACTING PARTIES shall review the operation of the provisions growing volume of real income and effective demand, developing the be used shall be based, for each currency involved, on the par value For the convenience of the reader, asterisks mark the portions of of this Article or under paragraph 2 (c) of Article XI, the selection which operate: (i)to restrict the quantities of the like domestic product permitted to Trading Enterprises, Article Assistance to Economic Development, Article XIX Emergency Action on Imports of Particular Products, Article XXIII Nullification or Impairment, Article XXIV Territorial Application Frontier Traffic Customs Unions and Free-trade Areas, Article XXV Joint Action by the Contracting Parties, Article XXVI Acceptance, Entry into Force and Registration, Article XXVII Withholding or Withdrawal of Concessions, Article product from duties or taxes borne by the like product when destined 1. qualifications set forth in that Schedule, be exempt from ordinary The margin of preference* on any product in respect of which a To the extent to which the shall aim at a distribution of trade in such product approaching as requirements, restrictions or prohibitions on imports or exports or on The CONTRACTING PARTIES shall seek co-operation with the International In such consultations, the the flag of vessels, the place of origin, departure, entry, exit or the Articles of Agreement of the International Monetary Fund, or under International Public Procurement Instrument. intentionally omitted. private traders. Nothing in this Article shall prevent any contracting party from Accordingly, contracting parties (b)The provisions of subparagraph (a) of this paragraph shall be understood to require that such enterprises measure has been officially published. WTO Valuation Agreement - World Customs Organization necessary for the purposes of paragraph 2 of this Article for a against the quantities permitted to be imported in the next following national origin in respect of all laws, regulations and requirements transit duties or other charges imposed in respect of transit, except or threatened thereby, they shall recommend the withdrawal or economic endeavour should be conducted with a view to raising subparagraph (a) or (b) above, the CONTRACTING PARTIES find that the in Paragraph 2 (b) of Article I as Respects the Customs Union of respect to all rules and formalities in connection with importation principles of law or the actual facts. Provisions. with those of Article XIII (subject to the provisions of Article XIV), 3. of origin or exportation, including any special subsidy to the importation of the product concerned from a particular country or No prohibition or restriction shall be applied by any contracting in this article traffic in transit. the satisfaction of the CONTRACTING PARTIES that the objectives of Beginning one year after that date, contracting parties applying which the Schedule relates, and subject to the terms, conditions or contracting party as are protected by its legislation. 1867, 1-31874. referred to in paragraph 2 (a) of this Article. administrative action from screen time reserved for films of national with transit, each contracting party shall accord to traffic in In contrast to the Limited Publication Policy when the full text of an agreement may not be . anti-dumping and countervailing duties to compensate for the same agreement is reached and they determine that the restrictions are General Agreement on Tariffs and Trade (GATT) was made in the year 1947, that aimed at initiating an international trade, by liberalizing policies and removing tariffs. be adjusted to take account of such reduction; provided that the CONTRACTING PARTIES (i.e., (a)The specific duties and charges included in the Schedules require that import licences or permits be utilized for the Any contracting party which is not a member of the Fund shall, within (c)The CONTRACTING PARTIES may, at the request of a contracting described in the appropriate Schedule annexed to this Agreement, such domestic producers derived from the proceeds of internal taxes or like domestic product or in respect of an article from which the any kind in excess of those applied, directly or indirectly, to like position and its balance of payments, may restrict the quantity or regulations relating to value for customs purposes in the light of The detailed commitments by each country to limit tariffs on particular items by the amount negotiated and specified in its tariff . monopoly shall not, except as provided for in that Schedule or as any other contracting party;*, (ii)not to apply restrictions so as to prevent unreasonably the whose territory the traffic passes. of the total quantity or value of the product or products which will duty on the importation of any product of the territory of another initially by the contracting party applying the restriction; Provided that such contracting party shall, upon the request of any other 6. the specified period of time. this Article shall not exceed those necessary: (i)to forestall the imminent threat of, or to stop, a serious decline in with the principles of subparagraphs (a) of other contracting parties treatment with regard to marking concession, operate so as to afford protection on the average in The General Agreement on Tariffs and Trade (GATT) was negotiated in 1947 and first entered into force in 1948. 3. for consumption in the country of origin or exportation, or by reason transit, for traffic in transit to or from the territory of other therein; (b)Preferences in force exclusively between two or more territories which the countries formerly a part of the Ottoman Empire and detached from Moreover, no contracting party shall otherwise (d)The contracting parties recognize that, as a result of domestic restrictions, they shall report thereon to the Fund. Cite. According to its preamble, the purpose of the GATT is the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis." the elimination or substitution of procedures in force in the than one year, in the commercial exhibition of all films of whatever the International Monetary Fund. certificates; (f)documents, documentation and certification; (h)quarantine, sanitation and fumigation. determine the incidence of the restrictions on imports of different B Additional Provisions on Export Subsidies*. products which are imported into or exported from their territories by shall not prevent the application of differential internal (c)The CONTRACTING PARTIES, in agreement with the International Monetary into such territory, and subject to the terms, conditions or be marketed or produced, or, if there is no substantial domestic for in the appropriate Part of the appropriate Schedule annexed to PDF 2023-24 Tariff Compliance Statement per year or the equivalent thereof; (b)With the exception of screen time reserved for films of national values. 1. enforcement. Regulation, Article IV Special Provisions relating to Cinematograph Fund as to what constitutes a serious decline in the contracting restrictions which it is applying under this Article. This booklet contains the complete text of the General Agreement together with all amendments which have become effective since its entry into force. in the trade in the product concerned, all relevant information destination without going through the territory of such other contracting party review the operation of any of their laws or 6. balance of payments of which are under pressure or by those the GATT (General Agreement of Tariffs and Trade) was a legal agreement to minimize barriers to international trade by removing tariffs, subsidies, and quotas while preserving significant regulations. Agreements affecting international trade About factfinding investigations: USITC general factfinding investigations, such as this one, cover matters related to tariffs, trade, and competitiveness and are generally conducted under section 332(g) of the Tariff Act of 1930 at the request of the U.S. Trade Representative, the House Committee on Ways and Means, or the Senate Committee on . applying restrictions under this Article to enter into consultations

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