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WTO and Serbia

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Page 1: WTO and Serbia

7/28/2019 WTO and Serbia

http://slidepdf.com/reader/full/wto-and-serbia 1/16

Page 2: 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?