Organization For Trade Cooperation

Organization for Trade Cooperation in Global Commerce Policy

In this regard, organization for trade cooperation is: proposed in 1955 through a GATT working party report as a permanent mechanism for administering the GATT. The entries on trade policy are here. Its mandate would have been a limited version of what had been expected of the ITO. The entries on trade policy are here. All GATT members would automatically have become members of the organization. The entries on trade policy in the Encyclopedia are here. One interesting point raised in the report of the working party is that countries appointed to the Intersessional Committee, which at that time was the only means of conducting business between the annual sessions, might consider appointing representatives of suitable calibre and the necessary authority to live in Geneva or nearby capitals so that they could contribute to its deliberations. The entries on trade policy are here. Another of its recommendations was that the organization should be brought into a specialized agency relationship within the United Nations. The proposal for an Organization for Trade Cooperation failed to get United States congressional approval, and it lapsed. See also GATT Council of Representatives, United Nations specialized agencies and WTO.[1]

Organization for Trade Cooperationin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Organization for Trade Cooperation” entry (OAS)

See Also