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Are Unsecured Debt Consolidation Loans Right For You?
When it comes right down to it, there are very few situations in
which bankruptcy has to be the answer. Often times, when it
comes to debt issues, unsecured debt consolidation loans are
much less damaging answer than bankruptcy. What is...
Benefits of Unsecured business loans
Secured business loans, used as a source of business capital,
are disadvantageous not only because they can lead to
repossession of asset if repayments are not made. Secured
business loans come with many restrictions imposed by the...
Business to Business In Germany -- 10 Things You Have to Consider Before You Even Start Doing it!
Do you consider doing business to business in Germany? Do you think you are able to lead negotiations in Germany successfully? Do you consider sending your application to a German Corporation? Read on to find out if you are ready. If you are...
Debt consolidation services can make you debt free
Debt Consolidation services are the most reliable option to secure freedom from debt.
They help you in debt management with care and guidance where you are free from debts.
A debt struck man has two options to choose fro; one leads to ...
Why You Need a Realtor to Sell your Home
Why you Need a Realtor to Sell Your Home
As you consider selling your home, you might be thinking "Why do
I need a Realtor, what value does a Sellers Agent provide to
me?"
Here are five areas where a licensed Realtor can help...
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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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