Sunday, February 19, 2012

WTO law is simple

Multilateral trade rules are contained in a series of Agreements that would be a lawyer's delight. I was going through the Agreement Establishing the WTO. The wording of Article X relating to Amendments caught my attention:


" ... If consensus is reached, the Ministerial Conference shall forthwith submit the proposed amendment to the Members for acceptance. If consensus is not reached at a meeting of the Ministerial Conference within the established period, the Ministerial Conference shall decide by a two-thirds majority of the Members whether to submit the proposed amendment to the Members for acceptance. Except as provided in paragraphs 2, 5 and 6, the provisions of paragraph 3 shall apply to the proposed amendment, unless the Ministerial Conference decides by a three-fourths majority of the Members that the provisions of paragraph 4 shall apply."
Simple? To understand this provision, you need to decipher paragraphs 2,3, 5,6 and 4 and the various provisos therein.

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