MULTILATERAL: II&III. TB on IP & AoA Flashcards
refers to a commitment by WTO Members not to increase a tariff rate beyond its bound rate
“Tariff binding”
The UR achieved an ____________in tariffs of at least a third (33%) of the 1986 levels. Japan cut its overall tariffs by a weighted average of 61 %, the European Union by 37%, and the United States of America by 34%.
across-the-board reduction
The Philippines did not reduce its applied tariffs in the Uruguay Round, instead they ____________________.
commitment to bind the tariffs on some 2,800 industrial tariff lines at ceiling rates of ten (10) percentage points above the 1995 applied rate was undertaken. This number represents around 50% of total tariff lines. If the commitment to bind agricultural tariff lines were included, numbering some 744 lines, the scope of bindings would reach 63%.
agreement covering agricultural products (HS Chapters I to 24 excluding fish and fish products plus certain products in Chapters 29, 33, 35, 38, 41, 43, 50, 51, 52, and 53) negotiated during the IJR. Parties to the Agreement, including the Philippines entered into binding commitments on market access, domestic support, export competition and an agreement on sanitary and phytosanitary issues
WTO Agreement on Agriculture (AOA)
objectives of the AoA
- Establish a fair and market-oriented agricultural trading system and initiate a reform process
- Provide for substantial progressive reductions in agricultural support and protection sustained over an agreed period of time
- Achieve specific binding commitments in the areas of market access, domestic support, export competition, and reach an agreement on sanitary and phytosanitary issues
- What is the market access commitment for agricultural products under the AoA ?
The current rule for market access in agricultural products is tariffs only.
T/F
Before UR, agricultural imports were restricted by import quotas, import licensing, import prohibition and other non-tariff measures. Under the AoA, all non-tariff border measures. would have to be removed and converted into ordinary customs duties corresponding to their ad valorem equivalents. This is the process known-as “tariffication”.
True
The tariffication system operates through a mechanism called __________________.
“tariff quotas.”
Pre-negotiated Minimum Access Volumes (MAVs)are set for agricultural products at low tariff rates, also called _____________________.
“in-quota tariffs.”
Volumes to be imported outside of the MAV are levied higher tariff rates, called _______________, which are set at more-or-less the equivalent level of protection afforded by the quantitative restrictions, which, were removed or “tariffied.”
out-quota-tariffs,”
Implementation period of the tariff commitments under the AoA ?
developing countries - ten (10)year period from 1995 up to 2004
developed countries - six (6) years from 1995 to 2000
implements the tariffication of agricultural products also known as the “Agricultural Tariffication Act”
RA 8178 signed on 28 March 1996
specifies the products whose quantitative restrictions were “tariffied” and the applicable tariffs to be levied; it took effect on 03 May 1996.
EO 313
T/F
RA 8178 provides for a mechanism called “MAV Plus” which authorizes the President to increase the MAV with the concurrence of Congress. In effect, the in-quota volumes of products which have been forecast to be in short supply, or whose domestic prices have risen abnormally during a given year, will be increased to pre-set levels based on prevailing demand and supply conditions.
True
Who administers the MA V?
MAV Management Committee, composed of the
Secretary of Agriculture (Chairman), and the
Secretaries of Agrarian Reform (members)
Finance, Science and Technology (members)
Trade and Industry (members)
Director-General of NEDA (members)