GTAP Resources: Resource Display
| GTAP Resource #1565 |
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"Foreign Trade Regime of Uzbekistan and Its Compliance to Norms of Agreements of WTO" by Muradova, Khusnia and Akmal Abdurazakov Abstract Integration of Uzbekistan into the world economy is one of the main directions of reforms implemented in the country. Therefore, introduction of common standards set forth by WTO into the country foreign trade practice is one of the important aspects for attaining planned targets. The Republic of Uzbekistan has achieved tangible success in this process. During the independence period the strong legal base has been formed to support economic reforms including those that anticipate far going liberalization of foreign trade regulation, creation of favorable conditions for foreign trade activity. Yet, to assess more precisely country’s potential capacity for accession to WTO one should determine the adequacy of the foreign trade regime to WTO agreements through analysis of legislation on foreign trade regulation and relevant economy sectors. World Trade Organization represents the global legal and institutional mechanisms established for liberalization and unification of trade regimes in sovereign states based on multilateral agreements. Agreement on WTO establishment includes 29 juridical documents that cover practically all spheres-from agriculture to textile and clothes as well as norms regulating commodity origin and intellectual property. Besides, there exist more than 25 declarations, decisions and agreements at the level of ministries that formulate additional obligations and rules that all WTO members are to assume. WTO declares that provisions of international agreements dominate over national legislation. WTO rules, contained in international agreements, considerably restrict opportunity for direct government intervention in the national economy, including implementation of traditional industrial policy, and make government highly responsible for violations of these rules. WTO rules demand that country should allow considerable and irreversible trade regime liberalization, ban subsidies and price restriction (fixation) prohibited by WTO rules, protect intellectual property rights, follow requirements on trade regime transparency and accountability for WTO members and etc. Extent of economy adaptation (openness), trade regime in particular, to WTO rules and norms is determined by the broad terms of economic legal base and existence of relevant mechanisms ensuring full-range functioning of principles and agreements within WTO framework. |
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Public Access  PDF Version (37.2 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
