Words and word combinations you may need. set forth— излагать self-determination— самоопределение act in accordance with— действовать в

set forth — излагать self-determination — самоопределение act in accordance with — действовать в

соответствии с чём-л. dispute л — спор

The WTO is the intergovernmental organisation overseeing the interna­tional trading system. Ц was established on 1 January 1995 as the successor lo the General Agreement on Tariffs and Trade. The highest authority of the WTO is the Ministerial Conference, which is composed of representatives of all WTO members. Much of the day-to-day work of the WTO is conducted by the General Council, which is also composed of representatives of all WTO members. The essential functions of the WTO are to provide a forurn for mul­tilateral trade negotiations; to administer the trade dispute settlement proce­dures; to review national trade policies: and to cooperate with other interna­tional institutions, in particular the IM F and the World Bank in order to achieve greater coherence in global economic policy-making.

Members are bound to grant to each other's products treatment no less favourable than that accorded to the products of any third parties.

The Organisation considers that secure and predictable market access to encourage trade, investment and job creation may be determined by " bind­ing" tariffs or customs duties.

This process means that a tariff level for a particular product becomes a commitment by a member state and cannot be increased without compensa­tion negotiations with its main trading partners. The WTO is trying to create predictable trading conditions by demanding commitments from member coun­tries and greater transparency of domestic laws and national trade policies.

The WTO aims to promote open, fair and undistorted competition.

The WTO aims to encourage development and economic reform among the increasing number of developing countries and countries in transition par­ticipating in the international trading system. These countries, particularly, the least-developed states have been granted greater flexibility to implement certain WTO provisions.

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In addition the WTO operates a limited number of technical assistance programmes mostly relating to training and the provision of information tech­nology.

Finally, the WTO recognises the need to protect the environment and to promote sustainable development.

Таблицы и пояснения для повторения ранее изученного грамматического материала