Block Exemptions
Block exemptions in Global Commerce Policy
In this regard, block exemptions is: a term used to describe the practice of the European Community to exempt some sensitive sectors, most often agricultural and textile products, from the full application of the provisions of its preferential trade arrangements. Block exemptions may also be used in the administration of competition policy to exempt certain sectors or practices from the applicable laws. See also Association Agreements and Europe Agreements.[1]
Block exemptionsin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Block exemptions” entry (OAS)
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