WTA /WTO and GATT Uruguay 1994

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World Trade Agreement 1994 (establishing the WTO and including GATT Uruguay 1994)

ANNEX 1A: Agreement on Trade In Goods

1. General Agreement on Tariffs and Trade 1994

(g) Understanding on the Interpretation of Article XXXV of the General Agreement on Tariffs and Trade 1947

(g) Understanding on the Interpretation of Article XXXV of the General Agreement on Tariffs and Trade 1947

The CONTRACTING PARTIES,

Having regard to the interlinked provisions of paragraph 1 of Article XXXV of the General Agreement on Tariffs and Trade 1947;

Noting that by invoking Article XXXV a contracting party on the one hand, or a government acceding to GATT 1947 on the other, declines to apply GATT 1947, or alternatively Article II of that Agreement, to the other party;

Desiring to ensure that tariff negotiations between contracting parties and a government acceding to GATT 1947 are not inhibited by unwillingness to accept an obligation to apply GATT 1947 as a consequence of entry into such negotiations;

Agree as follows:

A contracting party and a government acceding to GATT 1947 may engage in negotiations relating to the establishment of a GATT schedule of concessions by the acceding government without prejudice to the right of either to invoke Article XXXV in respect of the other.