Article II (Schedules of Concessions)
E12882
Article II (Schedules of Concessions) is a core provision of the General Agreement on Tariffs and Trade that sets out countries’ bound tariff commitments and other market-access obligations listed in their individual schedules.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
article of the General Agreement on Tariffs and Trade
→
treaty provision → |
| adoptedIn |
1947
→
|
| allows |
application of duties below bound rates
→
|
| appliesTo |
World Trade Organization members
→
|
| bindingForce |
legally binding on WTO members
→
|
| bindingOn |
all WTO members through GATT 1994
→
original GATT contracting parties → |
| formsBasisFor |
market access commitments in goods negotiations
→
multilateral tariff bindings → |
| hasConcept |
bindings on fiscal charges
→
bindings on para-tariffs → bound rates of duty → concessions on goods → consolidated tariff commitments → margin of preference → most-favoured-nation treatment → other duties or charges → tariff schedules → |
| hasEffect |
constrains unilateral tariff increases
→
limits applied tariffs to bound levels → protects negotiated tariff concessions → provides predictability for traders → |
| includedIn |
GATT 1994
→
|
| interpretedBy |
WTO dispute settlement bodies
→
|
| interpretedIn |
WTO Appellate Body reports
→
WTO panel reports → |
| legalSystem |
World Trade Organization law
→
|
| partOf |
General Agreement on Tariffs and Trade
→
|
| predecessor |
Article II of GATT 1947
→
|
| prohibits |
imposition of ordinary customs duties above bound levels
→
imposition of other duties or charges in excess of recorded levels → introduction of new other duties or charges not recorded in schedules → |
| regulates |
bound tariff commitments
→
customs duties on imports → market access obligations → other charges imposed on imports → schedules of concessions → tariff bindings → |
| relatedTo |
Article I of GATT
→
Article XXVIII of GATT → Marrakesh Protocol to the GATT 1994 → |
| requires |
application of duties no higher than bound rates
→
each member to maintain a schedule of concessions → publication of schedules of concessions → |
| scope |
trade in goods
→
|
| shortName |
Article II GATT
→
|
| subjectTo |
modification and withdrawal procedures under GATT Article XXVIII
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
General Agreement on Tariffs and Trade
→
|
hasPart |