Initial Negotiating Right

Initial Negotiating Right

Initial Negotiating Right (INR) and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Initial Negotiating Right (INR): A right held by a GA TT member to be compensated by another member if a given bound tariff rate is raised by the latter. INRs stem from past negotiating concessions and allow the holder to seek compensation for an impairment of tariff concessions whether or not the country holds status as a principal supplier of the product in question.


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