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