Nullification And Impairment

Nullification and impairment in Global Commerce Policy

In this regard, nullification and impairment is: damage to a country ™s benefits and expectations from its WTO membership through another country ™s change in its trade regime or failure to carry out its WTO obligations. The entries on trade policy are here. If the matter cannot be solved through consultation, it is then open to members to resort to formal dispute settlement procedures. Nullification and impairment can occur through a violation of the rules, but the same is possible through non-violation.[1]

Nullification and impairmentin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Nullification and impairment” entry (OAS)

See Also