Jump to content

Modalities (trade negotiations)

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 14.139.69.38 (talk) at 15:25, 20 December 2015. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Modalities are the formulas, targets, or specific measures used to accomplish objectives in trade negotiations. An example of modalities in the current World Trade Organization agriculture negotiations would be a percentage phase-out over a specified time period of agricultural export subsidies or the use of the Swiss formula for tariff reduction and harmonization.

References

  • Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.