WTO Members agreed at the Doha Ministerial Conference in 2001 to launch negotiations in the area of “WTO Rules”. At t he Hong Kong Ministerial Conference in December 2005, Ministers reaffirmed their commitment to the rules negotiations.
These negotiations relate to the following subject matter: the Agreement on Implementation of Article VI of GATT 1994 (better known as the Anti-dumping Agreement); the Agreement on Subsidies and Countervailing Measures and, in this context, WTO disciplines on fisheries subsidies; and WTO provisions applying to regional trade agreements.
Effective rules and disciplines on the use of trade remedies and government subsidies are critical for reducing distortions to trade and investment and promoting global competition. Hence, Members are seriously engaged in trying to tighten loose ends and put definite and transparent parameters to fair trade practices among the membership.
Pakistan is effectively following these negotiations with a view to watch its trade and economic interests. Our position in various negotiations on Rules is accessible through the link at the right hand side column.