Agreement On Import Licensing Procedures

Agreement on Import Licensing Procedures in Global Commerce Policy

In this regard, a definition of this issue is as follows: the agreement setting out the procedures to be followed by WTO members in their administration of import licensing regimes. The entries on trade policy are here. It defines import licensing as administrative procedures used for the operation of import licensing régimes requiring the submission of an application or other documentation (other than that required for cutoms purposes) to the relevant administrative body as a prior condition for importation into the customs territory of the importing Member . The Agreement has provisions on automatic import licensing (i.e. The entries on trade policy are here. Approval of the application is always granted) and non-automatic import licensing (i.e. The entries on trade policy are here. All cases where licensing is not automatic). The Agreement also establishes a system for notifying import licensing procedures to the WTO. The aim of all of these provisions is to ensure that import licensing regimes are administered fairly and equitably and under transparent conditions.[1]

Agreement on Import Licensing Proceduresin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Agreement on Import Licensing Procedures” entry (OAS)

See Also