Transparency in Global Commerce Policy
In this regard, a definition of this issue is as follows: the degree to which trade policies and practices, and the process by which they are established, are open and predictable. The transparency obligation is spelt out in Article X of the GATT, Article III of the GATS and other provisions of the agreements administered by the WTO. Members are required to publish any laws, regulations, judicial decisions, administrative rulings of general application and international agreements pertaining to trade in goods and services. They must also administer these instruments reasonably and impartially. See also APEC transparency principles, notification, surveillance and Trade Policy Review Mechanism.
Transparencyin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Notes and References
- Dictionary of Trade Policy, “Transparency” entry (OAS)