World Trade Organization Legal Reader

Author: Yu Ji
Publisher:
Publish Date: 2001-04-01
Features: The World Trade Organization (WTO) is the largest multilateral trade organization in the world. Through successive multilateral trade negotiations, the organization has established a set of trade and economic agreements and protocols accepted by all its members. These agreements and protocols form the legal system of the WTO, serving as the basis for its operations and providing an important foundation for member states to formulate foreign trade and economic laws and regulations, engage in international trade and economic cooperation, and resolve disputes. The WTO's legal system includes its basic law, legal systems for goods trade, legal systems for services trade, legal systems for trade-related intellectual property, legal systems for dispute resolution, legal systems for trade policy review mechanisms, and more. The revision and improvement of China's foreign trade and economic laws and regulations will reflect the legal principles of the WTO, focusing on promoting the liberalization of trade in goods and services, protecting intellectual property rights, and making trade regulations more transparent. It will also regulate property, credit, and contractual relationships under market economy conditions, forming a foreign legal system that aligns with China's actual circumstances and complies with WTO rules.