Minimum Access Tariff Quotas
Minimum access tariff quotas in Global Commerce Policy
In this regard, minimum access tariff quotas is: a mechanism giving a minimum level of access opportunities for agricultural products where non-tariff measures have been converted into tariffs. The Uruguay Round negotiations led to a formula whereby the level of access to be opened for a certain product was based on the import/consumption ratio during the 1986-88 base period. The entries on trade policy are here. In countries where imports were less than 3% of consumption during the base period, access was to be increased immediately to 3% and expanded to 5% by the end of the Uruguay Round implementation period for agriculture commitments. See also Agreement on Agriculture, current access tariff quotas and tariffication.[1]
Minimum access tariff quotasin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Minimum access tariff quotas” entry (OAS)
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