MARRAKESH AGREEMENT ESTABLISHING WTO.docx
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MARRAKESHAGREEMENTESTABLISHINGWTO
MARRAKESHAGREEMENTESTABLISHINGTHEWORLDTRADEORGANIZATION
ThePartiestothisAgreement,
Recognizingthattheirrelationsinthefieldoftradeandeconomicendeavourshouldbeconductedwithaviewtoraisingstandardsofliving,ensuringfullemploymentandalargeandsteadilygrowingvolumeofrealincomeandeffectivedemand,andexpandingtheproductionofandtradeingoodsandservices,whileallowingfortheoptimaluseoftheworld'sresourcesinaccordancewiththeobjectiveofsustainabledevelopment,seekingbothtoprotectandpreservetheenvironmentandtoenhancethemeansfordoingsoinamannerconsistentwiththeirrespectiveneedsandconcernsatdifferentlevelsofeconomicdevelopment,
Recognizingfurtherthatthereisneedforpositiveeffortsdesignedtoensurethatdevelopingcountries,andespeciallytheleastdevelopedamongthem,secureashareinthegrowthininternationaltradecommensuratewiththeneedsoftheireconomicdevelopment,
Beingdesirousofcontributingtotheseobjectivesbyenteringintoreciprocalandmutuallyadvantageousarrangementsdirectedtothesubstantialreductionoftariffsandotherbarrierstotradeandtotheeliminationofdiscriminatorytreatmentininternationaltraderelations,
Resolved,therefore,todevelopanintegrated,moreviableanddurablemultilateraltradingsystemencompassingtheGeneralAgreementonTariffsandTrade,theresultsofpasttradeliberalizationefforts,andalloftheresultsoftheUruguayRoundofMultilateralTradeNegotiations,
Determinedtopreservethebasicprinciplesandtofurthertheobjectivesunderlyingthismultilateraltradingsystem,
Agreeasfollows:
ArticleI
EstablishmentoftheOrganization
TheWorldTradeOrganization(hereinafterreferredtoas"theWTO")isherebyestablished.
ArticleII
ScopeoftheWTO
1.TheWTOshallprovidethecommoninstitutionalframeworkfortheconductoftraderelationsamongitsMembersinmattersrelatedtotheagreementsandassociatedlegalinstrumentsincludedintheAnnexestothisAgreement.
2.TheagreementsandassociatedlegalinstrumentsincludedinAnnexes1,2and3(hereinafterreferredtoas"MultilateralTradeAgreements")areintegralpartsofthisAgreement,bindingonallMembers.
3.TheagreementsandassociatedlegalinstrumentsincludedinAnnex4(hereinafterreferredtoas"PlurilateralTradeAgreements")arealsopartofthisAgreementforthoseMembersthathaveacceptedthem,andarebindingonthoseMembers.ThePlurilateralTradeAgreementsdonotcreateeitherobligationsorrightsforMembersthathavenotacceptedthem.
4.TheGeneralAgreementonTariffsandTrade1994asspecifiedinAnnex1A(hereinafterreferredtoas"GATT1994")islegallydistinctfromtheGeneralAgreementonTariffsandTrade,dated30October1947,annexedtotheFinalActAdoptedattheConclusionoftheSecondSessionofthePreparatoryCommitteeoftheUnitedNationsConferenceonTradeandEmployment,assubsequentlyrectified,amendedormodified(hereinafterreferredtoas"GATT1947").
ArticleIII
FunctionsoftheWTO
1.TheWTOshallfacilitatetheimplementation,administrationandoperation,andfurthertheobjectives,ofthisAgreementandoftheMultilateralTradeAgreements,andshallalsoprovidetheframeworkfortheimplementation,administrationandoperationofthePlurilateralTradeAgreements.
2.TheWTOshallprovidetheforumfornegotiationsamongitsMembersconcerningtheirmultilateraltraderelationsinmattersdealtwithundertheagreementsintheAnnexestothisAgreement.TheWTOmayalsoprovideaforumforfurthernegotiationsamongitsMembersconcerningtheirmultilateraltraderelations,andaframeworkfortheimplementationoftheresultsofsuchnegotiations,asmaybedecidedbytheMinisterialConference.
3.TheWTOshalladministertheUnderstandingonRulesandProceduresGoverningtheSettlementofDisputes(hereinafterreferredtoasthe"DisputeSettlementUnderstanding"or"DSU")inAnnex2tothisAgreement.
4.TheWTOshalladministertheTradePolicyReviewMechanism(hereinafterreferredtoasthe"TPRM")providedforinAnnex3tothisAgreement.
5.Withaviewtoachievinggreatercoherenceinglobaleconomicpolicy-making,theWTOshallcooperate,asappropriate,withtheInternationalMonetaryFundandwiththeInternationalBankforReconstructionandDevelopmentanditsaffiliatedagencies.
ArticleIV
StructureoftheWTO
1.ThereshallbeaMinisterialConferencecomposedofrepresentativesofalltheMembers,whichshallmeetatleastonceeverytwoyears.TheMinisterialConferenceshallcarryoutthefunctionsoftheWTOandtakeactionsnecessarytothiseffect.TheMinisterialConferenceshallhavetheauthoritytotakedecisionsonallmattersunderanyoftheMultilateralTradeAgreements,ifsorequestedbyaMember,inaccordancewiththespecificrequirementsfordecision-makinginthisAgreementandintherelevantMultilateralTradeAgreement.
2.ThereshallbeaGeneralCouncilcomposedofrepresentativesofalltheMembers,whichshallmeetasappropriate.IntheintervalsbetweenmeetingsoftheMinisterialConference,itsfunctionsshallbeconductedbytheGeneralCouncil.TheGeneralCouncilshallalsocarryoutthefunctionsassignedtoitbythisAgreement.TheGeneralCouncilshallestablishitsrulesofprocedureandapprovetherulesofprocedurefortheCommitteesprovidedforinparagraph7.
3.TheGeneralCouncilshallconveneasappropriatetodischargetheresponsibilitiesoftheDisputeSettlementBodyprovidedforintheDisputeSettlementUnderstanding.TheDisputeSettlementBodymayhaveitsownchairmanandshallestablishsuchrulesofprocedureasitdeemsnecessaryforthefulfilmentofthoseresponsibilities.
4.TheGeneralCouncilshallconveneasappropriatetodischargetheresponsibilitiesoftheTradePolicyReviewBodyprovidedforintheTPRM.TheTradePolicyReviewBodymayhaveitsownchairmanandshallestablishsuchrulesofprocedureasitdeemsnecessaryforthefulfilmentofthoseresponsibilities.
5.ThereshallbeaCouncilforTradeinGoods,aCouncilforTradeinServicesandaCouncilforTrade-RelatedAspectsofIntellectualPropertyRights(hereinafterreferredtoasthe"CouncilforTRIPS"),whichshalloperateunderthegeneralguidanceoftheGeneralCouncil.TheCouncilforTradeinGoodsshalloverseethefunctioningoftheMultilateralTradeAgreementsinAnnex1A.TheCouncilforTradeinServicesshalloverseethefunctioningoftheGeneralAgreementonTradeinServices(hereinafterreferredtoas"GATS").TheCouncilforTRIPSshalloverseethefunctioningoftheAgreementonTrade-RelatedAspectsofIntellectualPropertyRights(hereinafterreferredtoasthe"AgreementonTRIPS").TheseCouncilsshallcarryoutthefunctionsassignedtothembytheirrespectiveagreementsandbytheGeneralCouncil.TheyshallestablishtheirrespectiverulesofproceduresubjecttotheapprovaloftheGeneralCouncil.MembershipintheseCouncilsshallbeopentorepresentativesofallMembers.TheseCouncilsshallmeetasnecessarytocarryouttheirfunctions.
6.TheCouncilforTradeinGoods,theCouncilforTradeinServicesandtheCouncilforTRIPSshallestablishsubsidiarybodiesasrequired.ThesesubsidiarybodiesshallestablishtheirrespectiverulesofproceduresubjecttotheapprovaloftheirrespectiveCouncils.
7.TheMinisterialConferenceshallestablishaCommitteeonTradeandDevelopment,aCommitteeonBalance-of-PaymentsRestrictionsandaCommitteeonBudget,FinanceandAdministration,whichshallcarryoutthefunctionsassignedtothembythisAgreementandbytheMultilateralTradeAgreements,andanyadditionalfunctionsassignedtothembytheGeneralCouncil,andmayestablishsuchadditionalCommitteeswithsuchfunctionsasitmaydeemappropriate.Aspartofitsfunctions,theCommitteeonTradeandDevelopmentshallperiodicallyreviewthespecialprovisionsintheMultilateralTradeAgreementsinfavouroftheleast-developedcountryMembersandreporttotheGeneralCouncilforappropriateaction.MembershipintheseCommitteesshallbeopentorepresentativesofallMembers.
8.ThebodiesprovidedforunderthePlurilateralTradeAgreementsshallcarryoutthefunctionsassignedtothemunderthoseAgreementsandshalloperatewithintheinstitutionalframeworkoftheWTO.ThesebodiesshallkeeptheGeneralCouncilinformedoftheiractivitiesonaregularbasis.
ArticleV
RelationswithOtherOrganizations
1.TheGeneralCouncilshallmakeappropriatearrangementsforeffectivecooperationwithotherintergovernmentalorganizationsthathaveresponsibilitiesrelatedtothoseoftheWTO.
2.TheGeneralCouncilmaymakeappropriatearrangementsforconsultationandcooperationwithnon-governmentalorganizationsconcernedwithmattersrelatedtothoseoftheWTO.
ArticleVI
TheSecretariat
1.ThereshallbeaSecretariatoftheWTO(hereinafterreferredtoas“theSecretariat”)headedbyaDirector-General.
2.TheMinisterialConferenceshallappointtheDirector-Generalandadoptregulationssettingoutthepowers,duties,conditionsofserviceandtermofofficeoftheDirector-General.
3.TheDirector-GeneralshallappointthemembersofthestaffoftheSecretariatanddeterminetheirdutiesandconditionsofserviceinaccordancewithregulationsadoptedbytheMinisterialConference.
4.TheresponsibilitiesoftheDirector-GeneralandofthestaffoftheSecretariatshallbeexclusivelyinternationalincharacter.Inthedischargeoftheirduties,theDirector-GeneralandthestaffoftheSecretariatshallnotseekoracceptinstructionsfromanygovernmentoranyotherauthorityexternaltotheWTO.Theys