- April 13, 2021
- Posted by: Nicholas Fitch
Article XX of the GATT (also known as the hat clause) contains a list of ten authorized exceptions to the free trade principles set out in the agreement. Those subject to the labelling requirement are: Among the original GATT members, Syria Lebanon and the SFR-Yugoslavia have not re-entered the WTO. Given that Yugoslavia (renamed in Serbia and Montenegro and later two shared accession negotiations) is not recognised as a direct successor to the SFRY; Therefore, its application is considered new (non-GATT). On 4 May 2010, the WTO General Council decided to set up a working group to review Syria`s application for WTO membership.   The WTO parties terminated the 1947 GATT formal agreement on 31 December 1995. Montenegro became a member in 2012, while Serbia is in the decision-making phase and is expected to become a member of the WTO in the future. Managing SPS measures to reduce food-related health risks poses clear and specific challenges for developing countries, which are hampered by less access to the scientific and technical knowledge and information needed to meet these new requirements. Their difficulties do not appear to affect the international legislative process, as most developing countries do not have the financial facilities to participate in the activities of international organizations. The conditions for the production and marketing of food are highly fragmented and depend on a large number of small producers.
Therefore, they are incompatible with SPS requirements such as traceability. Preliminary estimates show significant negative economic consequences of stricter trade barriers, which have resulted in the loss of millions of dollars in commodity trade. Henson et al. indicated that the number of technical notifications to developing countries to the WTO and its predecessor, GATT, doubled between 1990 and 1998. The third round took place in 1951 in Torquay, England.   38 countries participated in the cycle. 8,700 tariff concessions were granted for the remaining tariff on three-fourth of the tariffs that came into effect in 1948. The simultaneous rejection of the Havana Charter by the United States meant the creation of the GATT as a global federation.
 The General Agreement on Tariffs and Trade (GATT), signed on 30 October 1947 by 23 countries, was a legal agreement to minimize barriers to international trade by removing or reducing quotas, tariffs and subsidies, while maintaining important rules. The GATT is expected to stimulate economic recovery after the Second World War through the reconstruction and liberalization of world trade.