Download - FDCL
Download - FDCL
Download - FDCL
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
44<br />
2.3.1 WTO rules<br />
The reciprocal WTO-rules of the Most Favored Nation Clause and the National<br />
Treatment Clause are applied to all free trade agreements, as well as bilateral investment<br />
agreements. The cross-border design of market access, according to the<br />
principles of non-discrimination of the<br />
• Most Favored Nation Clause (“most favored nation treatment”: no less favorable<br />
than the treatment granted to any other country) and the<br />
• National Treatment Clause (“national treatment: giving others the same treatment<br />
as one’s own nationals. Treating foreigners and locals equally” 90 ), is supposed to<br />
give foreign suppliers from all countries the same opportunities as domestic suppliers.<br />
This, according to the ideas of the WTO, should affect all areas of trade as<br />
defined by the WTO, i.e., the area of goods (GATT), services (GATS) as well as the<br />
trade-relevant area of intellectual property rights (TRIPS). The GATT-treaty is a socalled<br />
“top-down” agreement, which means that the rules are automatically valid<br />
for all member states, except for the case that a country has been able to explicitly<br />
exclude certain areas in form of so-called “negative sectors lists.” The GATS agreement<br />
is a so-called “bottom-up” agreement, according to which only those areas<br />
are affected by the accorded rules, which appear in the “list of commitments,” the<br />
so-called “positive sectors lists.” Investment issues affect the areas of goods (GATT)<br />
as well as services (GATS), and according to the WTO can be classified within the<br />
topic of “trade and investment” and divided into three levels:<br />
• The TRIMs agreement 91 (investment in the goods sector)<br />
• The GATS agreement 92 (investment in the services sector is one of four areas<br />
treated by GATS)<br />
• Relationships of “trade and investment” 93 is one of the so-called Singapore Issues<br />
94 on the WTO-agenda since 1996. The “new issues” established at the WTO<br />
Ministerial Conference in Singapore are:<br />
90<br />
http://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm.<br />
91<br />
http://www.wto.org/english/docs_e/legal_e/18-trims.pdf.<br />
92<br />
http://www.wto.org/english/tratop_e/serv_e/serv_e.htm.<br />
93<br />
http://www.wto.org/english/tratop_e/invest_e/invest_e.htm.<br />
94<br />
http://www.wto.org/english/thewto_e/whatis_e/tif_e/bey6_e.htm.