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WTO/GATT Thirty-Eighth Session at Ministerial Level Ministerial Declaration (Adopted on 29 November 1982, Geneva)

[Opening]

6. The CONTRACTING PARTIES have accordingly decided:

SAFEGUARDS

GATT RULES AND ACTIVITIES RELATING TO DEVELOPING COUNTRIES

DISPUTE SETTLEMENT PROCEDURES

TRADE IN AGRICULTURE

TROPICAL PRODUCTS

QUANTITATIVE RESTRICTIONS AND OTHER NON-TARIFF MEASURES

TARIFFS
MTN AGREEMENTS AND ARRANGEMENTS
STRUCTURAL ADJUSTMENT AND TRADE POLICY
TRADE IN COUNTERFEIT GOODS
EXPORT OF DOMESTICALLY PROHIBITED GOODS
EXPORT CREDITS FOR CAPITAL GOODS
TEXTILES AND CLOTHING
PROBLEMS OF TRADE IN CERTAIN NATURAL RESOURCE PRODUCTS
EXCHANGE RATE FLUCTUATIONS AND THEIR EFFECT ON TRADE
DUAL PRINCING AND RULES OF ORIGIN
SERVICES
ANNEX: GATT RULES AND ACTIVITIES RELATING TO DEVELOPING COUNTRIES

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WTO/GATT Thirty-Eighth Session at Ministerial Level Ministerial Declaration (Adopted on 29 November 1982, Geneva)

World Trade Organization

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WTO/GATT Thirty-Eighth Session at Ministerial Level Ministerial Declaration (Adopted on 29 November 1982, Geneva)

SAFEGUARDS

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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