Prepared by Susan Prowse.
Members of the Quadrilateral Group are Canada, the EU, Japan and the United States.
A “zero for zero” tariff package refers to the possible adoption of zero most-favored nation tariffs on every item in an agreed set of goods by all members of the Quadrilateral Group.
The “built in agenda” refers to phased commitments to both further negotiations and implementation in specific Uruguay Round agreements.
Split-run magazines are those publications where the magazine’s editorial content is produced abroad and combined with Canadian advertising for sale in Canada. The introduction of the law coincided with the intention by Sports Illustrated to transmit its magazine electronically for printing in Canada, and thereby, sidestepping the previous tariff code restriction.
The U.S. complaint challenged not only Canadian excise tax policies, but also a Canadian postal subsidy (which allows Canada to offer reduced rates to certain Canadian periodicals), the commercial postal rates (under which foreign magazines can be subject to higher postal rates than Canadian magazines), and a tariff provision which prohibits the importation of splitrun magazines.
National treatment refers to the requirement that once a product has legally entered the territory of a country, that product be accorded treatment no less favorable than similar domestically produced goods.
For details of the working groups of the Free Trade Area of the Americas, see Canada Selected Issues, SM/96/69, March 20, 1996.
This was the first panel to be formed under the dispute settlement mechanism in Chapter 20 of the NAFTA.
For further information on the content of the law, see United States - Selected Issues, SM/96/169, July 8, 1996.
In May 1996, the EU formally requested consultations under the WTO dispute settlement mechanism.
This would not affect tariff reductions that go beyond 1999, mainly in the agricultural, textile, steel, and apparel sectors.
On November 15, 1994, at the APEC leaders meeting in Bogor, Indonesia, member countries issued a “Declaration of Common Resolve” to achieve “free and open trade and investment” by 2010 for industrial member countries and by no later than 2020 for developing member countries.
With the reduction in many most-favored nation (MFN) rates under the Uruguay Round agreement, this has eroded GPT margins of preference. The new scheme is intended to restore or, in some cases, widen these margins of preference.
The arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies was established in December 1995. It is based on a commitment by each country to enforce its own export laws.