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WTO/GATT Thirty-Eighth Session at Ministerial Level Ministerial Declaration (Adopted on 29 November 1982, Geneva)
World Trade Organization
copy @ Lex Mercatoria
The CONTRACTING PARTIES decide:
1. That, having regard to the objectives and disciplines of the General Agreement, there is need for an improved and more efficient safeguard system which provides for greater predictability and clarity and also greater security and equity for both importing and exporting countries, so as to preserve the results of trade liberalization and avoid the proliferation of restrictive measures; and
2. That to this end, effect should be given to a comprehensive understanding to be based on the principles of the General Agreement which would contain, inter alia, the following elements:
(i) Transparency;
(ii) Coverage;
(iii) Objective criteria for action including the concept of serious injury or threat thereof;
(iv) Temporary nature, degressivity and structural adjustment;
(v) Compensation and retaliation; and
(vi) Notification, consultation, multilateral surveillance and dispute settlement with particular reference to the role and functions of the Safeguards Committee.
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"Treaties": international trade instruments
Private International Commercial Law
International Commercial Arbitration & other dispute settlement
International Tax & Financial Regulation
Carriage Transport & Maritime Law
Electronic Commerce and Encryption
International Criminal Law including Anti-Corruption and Cross Border Crime
International Life Sciences & Bio-Sciences