wto and serbia
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7/28/2019 WTO and Serbia
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…In brief O The WTO is the only international
organisation dealing with the
global rules of trade betweennations.
O Its main function is to ensure that
trade flows as smoothly,predictably and freely as possible.
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10 things that WTO can doO Cut living costs and rise living
standards
O
Settle disputes and reduce tradetension
O Stimulate economic growth andemployment
O Cut the costs of doing business
internationallyO Encourage good governance
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OHelp countries develop
OGive the weak stronger voice
OSupport environmental health
OContribute to peace and stability
O
Be effective without hitting theheadlines
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Article XII of the Marrakesh
Agreement Establishing WTOO ACCESSION
1. Any state or separate custom territory
possessing full autonomy in the conductof its external commercial relations and
of the other matters provided for it in this
Agreement and the MTA may accede to
this A, on terms to be agreed between it
and WTO.
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2. Decisions on accession shall be
taken by the Ministerial
Conference. The MC shall approvethe agreement on the terms of
accession by 2/3 majority of the
Members of the WTO.
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Procedures for Negotiations
under Article XII
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O The Applicant submits a communication to
the DG
O The GC consider establish a workingparty
O Working party
O Examine application
O Submit recommendations to theGC/MC
O Role of the Secretariat
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O The Applicant submits aMemorandum on its FTR
O Circulation of the MemoO Members submit questions in
writing
O Rounds of Q&A before the first
meetingO Members of the WP can initiate
bilateral access negotiation on g&s
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O Bilateral negotiations on g&s
O Schedule od Concessions and
Commitments to GATT 1994
O Schedule to Specific Commitments
to GATS
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O Summary of discussions in WP is
reflected in the Report of WG to the
GC/MC, with a draft Decision andProtocol of Accession
O When draft Decision approved,
Protocol enters into a force 30 day
after acceptance by the Applicant
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Serbia in WTO
Why?
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Because
O Starting the negotiations gives a
positive signal to foreign investorsO WTO offers access to other MS
markets
O Mechanism of setting the disputes
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Chronology O November-December 2004
O February-March 2005
O October 2005O Until September 2011
O WP met for 11 time
O 22 rounds of Q&R
O 2012- advanced stage of technicalmaturity
O March 22, 2013- 3rd meeting of the IGA
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EU Preferences
communication [2012]
O Waiver to the EU for Western
Balkans, by WTOO Imports form WB to EU very low
O SAA- 2008-2010
O Free trade area in line with theobligations foreseen by GATT
1944
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Conclusions
O Why so slow?
O Who is to be blamed?
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