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World Trade Organization General Agreement on Tariffs and Trade 1994 (GATT 1994 incorporating GATT 1947): Most-Favoured-Nation Treatment, National Treatment, Schedules of Concessions, Quantitative Restrictions, Anti-Dumping and Countervailing Duties, General Exceptions, Security Exceptions, and Customs Unions

The General Agreement on Tariffs and Trade 1994 (GATT 1994), which incorporates the provisions of the General Agreement on Tariffs and Trade dated 30…

What World Trade Organization General Agreement on Tariffs and Trade 1994 (GATT 1994 incorporating GATT 1947): Most-Favoured-Nation Treatment, National Treatment, Schedules of Concessions, Quantitative Restrictions, Anti-Dumping and Countervailing Duties, General Exceptions, Security Exceptions, and Customs Unions requires

The General Agreement on Tariffs and Trade 1994 (GATT 1994), which incorporates the provisions of the General Agreement on Tariffs and Trade dated 30 October 1947 (GATT 1947), is the foundational multilateral instrument of the World Trade Organization governing trade in goods and is administered by the WTO Council for Trade in Goods. GATT 1994, Article I sets out the general most-favoured-nation treatment obligation requiring that with respect to customs duties and charges of any kind any advantage favour or privilege granted by any contracting party to any product originating in any other country shall be accorded immediately and unconditionally to the like product originating in or destined for the territories of all other contracting parties. GATT 1994, Article II governs schedules of concessions. GATT 1994, Article III governs national treatment on internal taxation and regulation. GATT 1994, Article VI governs anti-dumping and countervailing duties. GATT 1994, Article XI governs the general elimination of quantitative restrictions. GATT 1994, Article XX sets out the general exceptions including measures necessary to protect public morals, human animal or plant life or health, and the conservation of exhaustible natural resources. GATT 1994, Article XXI sets out the security exceptions. GATT 1994, Article XXIV governs territorial application, frontier traffic, customs unions and free-trade areas. The Agreement is the controlling multilateral instrument for trade in goods under the WTO.

Pillar: Trade Compliance & Export Controls · Authority: World Trade Organization · Version: 1.0.0 · Last updated:

Primary source: https://www.wto.org/english/docs_e/legal_e/gatt47_e.htm

SHA-256 integrity: 5d20ffa2c9a6bb6318ea22b19019ce53e5bfaedbb37f725031af4fabf2d3747e

Primary Citations — 8 traced to source

  • GATT 1994, Article I - general most-favoured-nation treatment.
  • GATT 1994, Article II - schedules of concessions.

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