Problem

Limited observance of multilateral trade agreements

Other Names:
Trade quota cheating
Failure of political will to observe trade commitments
Nature:
The credibility of the rules and principles of the trading system has been weakened by the fact that the ultimate recourse open to a country affected by illegal trade measures is to withdraw "substantially equivalent concessions", a possibility of little effective use to weaker trading partners.
Problem Type:
F: Fuzzy exceptional problems
Date of last update
01.01.2000 – 00:00 CET