ARTICLE XXIV 2025

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  1. Click 'Get Form' to open ARTICLE XXIV in the editor.
  2. Begin by reviewing the text of ARTICLE XXIV, which outlines the territorial application regarding customs unions and free trade areas. Familiarize yourself with key terms such as 'customs territory' and 'frontier traffic'.
  3. Fill in your details in the designated fields, ensuring that you accurately represent your customs territory as defined in paragraph 2.
  4. In section III, provide any necessary interpretative notes or understanding related to your application of ARTICLE XXIV. This may include specific agreements or conditions relevant to your customs union.
  5. Review all entries for accuracy and completeness before submitting. Utilize our platform's features to save your progress and make edits as needed.

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Article VII GATT It stipulated that the value for customs purposes of imported merchandise should be based on the actual value of the imported merchandise on which duty is assessed, or of like merchandise, and should not be based on the value of merchandise of national origin or on arbitrary or fictitious values.
Members of a customs union are required to negotiate with non-member countries and organizations such as the WTO. This is necessary to maintain a customs union; however, it also means that individual member countries are not free to negotiate their own deals.
Article XXII encourages countries to engage in consultations to clarify misunderstandings and resolve issues amicably, while Article XXIII allows for formal complaints when diplomatic efforts fail. Together, these articles aim to maintain fair trade relations and prevent conflicts from escalating into trade wars.
On 1 January 1948, GATT entered into force. The 23 founding members were: Australia, Belgium, Brazil, Burma, Canada, Ceylon, Chile, China, Cuba, Czechoslovakia, France, India, Lebanon, Luxembourg, Netherlands, New Zealand, Norway, Pakistan, Southern Rhodesia, Syria, South Africa, United Kingdom and the United States.
1. Each contracting party shall sympathetic consideration to, and shall afford adequate opportunity for consultation regarding, such representations as may be made by another contracting party with respect to any matter affecting the operation of this Agreement. 2.

People also ask

The structure of Article 23 is that the first paragraph states the general prohibition or general obligation, i.e. when Members seek the redress of a WTO violation6, they shall do so only through the DSU. This is a general obligation.
General Agreement on Tariffs and Trade (GATT 1947 ) Article I: General Most-Favoured-Nation Treatment. Article II: Schedules of Concessions. Article III: National Treatment on Internal Taxation and Regulation. Article IV: Special Provisions relating to Cinematograph Films. Article V: Freedom of Transit.

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