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Best Deal Loan Secured - Product of Coordinated Effort, Extensive Search and Good Decision Making
Before drawing attention of borrowers to the article, we would
like to state at the very first that the article will not come
as a satisfying piece for borrowers who are looking for a way to
best deal loan secured. However, the article will...
Don’t Discount the Temporary Position Interview
If you think, 'it's just an interview for a temp job -- no big deal,' that's where you're mistaken. Some wonderful opportunities, networking connections and careers have resulted from temporary positions.
Temporary assignments today run the...
Getting Into Business: Don’t Start It! Buy It!!
Many of us have felt the entrepreneurial pull of running our own business at one time or another. The allure of being your own boss can be really strong, and it’s no wonder. Small business ownership and its operation has proven to be one of the...
How Do You Wiggle Out Of A Real Estate Deal?
Experienced real estate investors know that you make your deal
when you buy. If you pay too much or have not done your due
diligence research, that's tough, because you're stuck with the
deal after the close.
A buyer still has some wiggle...
Selling for Beginners
Selling for Beginners by Ben Botes By: Ben Botes, Copyright 2003 - 2004 www.My1stBusiness.com Speak to almost any self employed professional and most of them will say that they love their job but don't care much for selling their...
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The EU and the WTO
The EU is one of the key players in the World Trade Organisation (WTO). This is because the EU has a common trade policy, where the European Commission negotiates on behalf of the Union 's 25 Member States.
As such, the EU is one of the driving forces behind the current round of multilateral trade negotiations in the WTO, the Doha Development Agenda (DDA). The DDA comprises both further market opening and additional rule making, underpinned by commitments to take measures necessary to integrate developing countries into the world trading system, notably by strengthening assistance to build capacity. The main objective of the New Round is to put development at the heart of the world trade system in a way that will help them combat poverty.
In July 2004 the WTO Members adopted a Framework Agreement on the DDA that sets out the modalities for the further negotiations.
EU Trade Policy and the WTO
The EU has a common trade policy (“Common Commercial Policy”). In other words, where trade, including WTO matters, are concerned, the EU acts as one single actor, where the European Commission negotiates trade agreements and represents the European interests on behalf of the Union's 25 Member States.
The legal basis for the EU’s trade policy is Article 133 of the European Community Treaty. On this basis, the Commission negotiates on behalf of the Member States, in consultation with a special committee, “the Article 133 Committee”. The 133 Committee is composed of representatives from the 25 Member States and the European Commission. Its main function is to coordinate EU trade policy. The Committee meets on a weekly basis, usually on a Friday in Brussels at the headquarters of the Council of Ministers. It discusses the full range of trade policy issues affecting the Community, from the strategic issues surrounding the launch of rounds of trade negotiations at the WTO to specific difficulties with the export of individual products, and considers the
trade aspects of wider Community policies in order to ensure consistency of policy. In this Committee, the Commission presents and secures endorsement of the Member States on all trade policy issues. The major formal decisions (for example agreement to launch or conclude negotiations) are then confirmed by the Council of Ministers.
The European Community Treaty grants a more limited role to the European Parliament (EP) in terms of trade policy: according to the current treaty, the “assent” of the EP may be required for major treaty ratifications, when covering more than trade. However, the Commission favours greater Parliamentary involvement in Trade Policy and hence consults and informs the Parliament as systematically as possible. It supports a more formal extension of the Parliament’s powers over trade policy. The draft Constitutional Treaty of the EU provides for a major extension of the EP’s power over trade policy.
The current WTO trade round, the Doha Development Agenda, provides a good example of how trade policy is coordinated in practice. The Commission sets and carries forward the priorities and aims of the EU as laid down in guidelines given by the Council of Ministers. Officials from the Commission's Directorate General for Trade, under the authority of the Commissioner are charged with actually conducting the negotiations, and speak on behalf of the EU as a whole. Coordination with Member States is assured at all times through the 133 Committee, while the Commission regularly informs the Parliament. At the end of the Round, the Council has to agree formally the outcome.
About the Author
Meet Amarendra Bhushan,As one of the leading article writer, and corporate hotel professional. Advisor to various organizations and great sports fan. He is an elected member of south Indian hotel and restaurant federation. Now staying at city of Athens Greece. Amarendra bhushan Dhiraj Athens, Greece PH-0030-6947667507 Abdhraj@mail.gr
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