Open-season Negotiations

Open-season negotiations in Global Commerce Policy

In this regard, open-season negotiations is: an opportunity available every three years to GATT members under Article XXVIII to conduct technical tariff negotiations when bindings expire. Bindings originally were made for three years. Such negotiations may lead to modifications or withdrawals of concessions. Resort to such negotiations is less common now that bindings are deemed to be permanent. See also renegotiation of tariffs.[1]

Open-season negotiationsin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Open-season negotiations” entry (OAS)

See Also