Contents
Voluntary Export Restraints
Summary of Voluntary Export Restraints
Synonymous with Orderly Marketing Agreement (q.v. See Bilateral Restraints Agreement.
(Main Author: William J. Miller)
Voluntary Export Restraints (VERs) and the GATT Policy Negotiations
In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Voluntary Export Restraints (VERs): A restraint agreement between governments negotiated within the context of the Multifiber Arrangement. See export restraints.
Voluntary Export Restraints (VERs) and Orderly Marketing Arrangements (OMAs)
This section provides an overview of voluntary export restraints (vers) and orderly marketing arrangements (omas) within the legal context of Market Access (Quantitative Restrictions in Goods and Services) in international economic law (Main Regulatory Areas).
Related Entries of the International Encyclopedia:
- Sovereign The supreme political power that, within its own defined geographical boundaries, is accountable to no authority higher than its own.......
- Exceptions Products specifically exempted from trade liberalization, such as duty reductions; usually, exceptions are made to protect domestic industries that would suffer serious harm from increased imports.......
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- Technical Data Information that can be transferred to overseas users only in accordance with export control regulations. The Office of Export Administration regulations (Part 379) define technical data as: Information of any kind that can be used, or adopted for use, in the design, production, manufacture, [...]...
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- Unfair Trade Practices Unfair Trade Practices and the Laws of International Trade Executive review of unfair trade practices: Background Unfair Trade and Import Competition Regulation Procedure: Initiation of investigation The investigation Monitoring Recent developments The escape clause: [...]...
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- Service Supply License A validated export license issued by the U.S. government to a U.S. or foreign firm authorizing the export of spare and replacement parts to controlled purchasers abroad who originally purchased American equipment under license.......
- Transaction Value The primary method of valuing goods for customs purposes under the Customs Valuation Agreement (read this and related legal terms for further details).......
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- Trade War Introduction to Trade War Trade War, economic tug-of-war between nations in which each side tries to limit the other's exports while flooding the other's market with its own goods." (1) Resources Notes and References Information about "http://lawi......
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- Tokyo Declaration The pronouncement of a 1973 gathering in Tokyo of foreign, finance, and trade ministers of the major industrial nations, meeting to discuss economic and trade problems. The joint communique issued by the ministers called for increased trade through the elimination of tariff and nontariff [...]...
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- Free Trade Zone Spanish Translation of free trade zoneThis is the legal translation of English to Spanish in relation to free trade zone and / or a definition of this topic: Zona de Libre Comercio (in Spanish, without translation of the dictionary entry)....
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- Export Compliance Export Compliance and the Laws of International Trade Enforcement: Compliance and investigations Export Administration System Penalties Effects of cooperation with the government Examples of enforcement actions Judicial review Some guidelines for export compliance [...]...
- Export Control Export Control and the Laws of International Trade Export control reform initiative Export Administration System Commerce control list Export Control in Merger and Acquisitions Dual use items End-use-based controls Reexports Software and technology Regulatory requirements for all [...]...
- Export Control Laws Export Control Laws and the Laws of International Trade Worldwide export control laws Export Control in Merger and Acquisitions Countries covered Extraterritorial application Entity-based sanctions Other export statutes Due diligence under other export statutes [...]...
- Export Violations Export Violations and the Laws of International Trade Export violations; evidence of violations Export Control in Merger and Acquisitions Post-closing discovery of an export violation If an export violation is discovered Ongoing violations Cessation of illegal activity [...]...
- Export Mailing List Service An export promotion service of the U.S. Department of Commerce. See Foreign Traders Index.......
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- Combination Export Manager . A service organization that acts as the export department of a manufacturing or trading firm. The CEM undertakes to find overseas buyers, negotiates contracts on behalf of its principal, and is often operationally indistinguishable from a branch of the manufacturer.......