Unit 23 WTO GATT GATS Capital Human 3 MSO 3 English Medium IGNOU Sociology by Dr Sushma Singh - YouTube

Channel: Dr. Sushma Singh

[0]
hello welcome dr shushma singh this i聽 today in uni 23 wto jtt gats capital聽聽
[11]
and human flows we are going to start our lecture聽 on general agreement on tariff and trade gaat聽聽
[21]
let us briefly discuss some aspects聽 of gat the first one is agriculture聽聽
[28]
agriculture is an item of gat has been widely聽 discussed and debated under this agreement聽聽
[36]
countries are allowed to use some non-tariff聽 measures such as import quotas and subsidies聽聽
[45]
according to wto the objective of the agricultural聽 agreement is to reform trade in the sector and to聽聽
[53]
make policies more market oriented with a view聽 to improving predictability and security for聽聽
[62]
importing and exporting countries alike thus the聽 agreement on agriculture related to market access聽聽
[70]
domestic support and export subsidies according聽 to wto the agreement on agriculture does not allow聽聽
[80]
governments to support their rural聽 economies but preferably through聽聽
[85]
policies that cause less distortion to聽 trade it also allows some flexibility聽聽
[94]
in ways of commitment which are to be聽 implemented over the period of time
[102]
developing countries do not have to cut their聽 subsidies or lower their tariffs as much as聽聽
[108]
developed countries and they are given extra time聽 to complete their obligations leads to developed聽聽
[117]
countries do not have to do this at all the聽 arguments which are usually raised against聽聽
[126]
domestic support prices or for the subsidized聽 productions are that these and carries over聽聽
[136]
production without imports lead to export聽 subsidies and low price dumping on world markets聽聽
[147]
hence the developed countries agreed to reduce聽 the agricultural support price by 20 percent聽聽
[155]
six years starting in 1995 the developing聽 countries by 13 over 10 10 years the developed聽聽
[167]
countries again agreed to cut the value of聽 export subsidies by 36 percent over the six years聽聽
[176]
starting in 1995 and the developing countries by聽 24 percent over 10 years the developed countries聽聽
[187]
also agreed to reduce the qualities聽 of subsidized export by 21 percent聽聽
[195]
over the six years and the developing聽 countries by 14 percent over the 10 years
[204]
now let us move to the health standards and聽 safety another important aspect of gat is the聽聽
[215]
maintenance of standards and safety in order聽 to protect human animal or plant life or health聽聽
[226]
provided that they do not discriminate聽 or use this as discussed protectionism聽聽
[236]
here the member governments are to聽 use international standards however聽聽
[242]
wto has allowed individual members countries聽 to apply a scientifically justified聽聽
[250]
higher standard thus allowing聽 them to use different standards
[258]
the next point is textiles this聽 is a content ts area of gat聽聽
[266]
until the end of the uruguay round trading in聽 textile was governed by bilateral agreements or聽聽
[274]
unilateral action in term of established quotas聽 under the quota system countries could impose a聽聽
[284]
limit on import of textiles into the domestic聽 market however under wto agreement on textile聽聽
[293]
and clothing this sector is to be fully integrated聽 into gat rules by january 2005 to bring to an end聽聽
[306]
the quota system and to end the discrimination聽 by the importing countries between exporters
[317]
now let us move to the next point general聽 agreement on trade in services gats
[328]
gits was formulated in the uruguay round聽 against the backdrop of the phenomenal聽聽
[334]
expansion of the service聽 economy all over the world聽聽
[340]
let us explain some important aspects of gats聽 especially it covered its coverage obligation聽聽
[349]
and discipline the first is coverage the agreement聽 covers all internally trade services for example聽聽
[360]
banking telecommunications tourism professional聽 services etc it has been defined in four ways
[371]
modes or trading services the first is service聽 supplied from one country to another for example聽聽
[381]
international telephone calls officially known as聽 cross border supply in ut wto jargon or mod one聽聽
[395]
consumers or firms making use of service聽 in another country for example tourism聽聽
[403]
officially consumption abroad mode two a foreign聽 company setting up subsidiaries or branches to聽聽
[413]
provide services in another country for example聽 foreign banks setting up operations in a country聽聽
[423]
officially commercial presence mode聽 three individuals traveling from聽聽
[431]
their own country to supply services聽 in another for example fashion models聽聽
[439]
or consultants officially presence聽 of natural person mode for
[452]
now the next point is principle of gats
[460]
trades in these services according to gits are聽 to be governed by the following obligations聽聽
[468]
and disciplines most favored nation聽 treatment mfn is the cornerstone of gts聽聽
[479]
whereby equal opportunity is to be given to聽 service providers from all wt or members however聽聽
[491]
there was a temporary exception to owner for a聽 period of 10 years starting from january 1995.聽聽
[501]
the already preferential agreements the聽 member countries signed with trading partners
[512]
the second is if g8s binds commitment on market聽 access and national treatment to all wto members聽聽
[523]
according to wto the commitments聽 are virtually granted conditions聽聽
[529]
for foreign exporters and importers of services聽 and investors in the sectors to do business聽聽
[540]
it is important to note that the government聽 services which are not applied commercially聽聽
[547]
are not subject to gats commitment the third is聽 it is obligatory on the part of the government聽聽
[555]
to make all relevant laws and regulations聽 governing services public the governments also聽聽
[563]
have to notify to wto any changes in聽 the regulations that apply to services
[573]
fourth is gita stipulates that the member聽 governments should regulate services聽聽
[581]
reasonably objectively and impartially when聽 they set standards prices safety measures etc聽聽
[593]
the fifth is recognition of other countries聽聽
[597]
qualifications the licensing or certification聽 of service suppliers must not be discriminatory聽聽
[608]
the sixth one is progressive liberalization of the聽 services sector is a goal of g8s which is to be聽聽
[619]
achieved through negotiations here we want聽 to close this lecture thanks for listening