Agreement on Implementation of Article VII of GATT 1994
E153554
The Agreement on Implementation of Article VII of GATT 1994, commonly known as the WTO Customs Valuation Agreement, sets out rules for determining the customs value of imported goods to ensure fair, uniform, and neutral application of trade regulations.
All labels observed (5)
How this entity was disambiguated
This entity first appeared as the object of triple T1297997 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Agreement on Implementation of Article VII of GATT 1994 Context triple: [Council for Trade in Goods, oversees, Agreement on Implementation of Article VII of GATT 1994]
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A.
Agreement on Implementation of Article VI of GATT 1994
The Agreement on Implementation of Article VI of GATT 1994, commonly known as the Anti-Dumping Agreement, sets out detailed rules for how World Trade Organization members may investigate and apply measures against dumped imports that cause injury to domestic industries.
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B.
GATT Article XIX
GATT Article XIX is the safeguard provision in the General Agreement on Tariffs and Trade that allows countries to temporarily restrict imports to protect domestic industries from serious injury caused by sudden import surges.
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C.
Marrakesh Agreement Establishing the World Trade Organization
The Marrakesh Agreement Establishing the World Trade Organization is the 1994 multilateral treaty that created the WTO and set the legal and institutional framework for the modern global trading system.
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D.
Agreement on Technical Barriers to Trade
The Agreement on Technical Barriers to Trade is a World Trade Organization treaty that disciplines how governments design and apply technical regulations, standards, and conformity assessment procedures so they do not create unnecessary obstacles to international trade.
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E.
Agreement on Textiles and Clothing
The Agreement on Textiles and Clothing was a World Trade Organization accord that phased out the longstanding quota system on textile and clothing imports, integrating the sector into normal GATT trade rules.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Agreement on Implementation of Article VII of GATT 1994 Target entity description: The Agreement on Implementation of Article VII of GATT 1994, commonly known as the WTO Customs Valuation Agreement, sets out rules for determining the customs value of imported goods to ensure fair, uniform, and neutral application of trade regulations.
-
A.
Agreement on Implementation of Article VI of GATT 1994
The Agreement on Implementation of Article VI of GATT 1994, commonly known as the Anti-Dumping Agreement, sets out detailed rules for how World Trade Organization members may investigate and apply measures against dumped imports that cause injury to domestic industries.
-
B.
GATT Article XIX
GATT Article XIX is the safeguard provision in the General Agreement on Tariffs and Trade that allows countries to temporarily restrict imports to protect domestic industries from serious injury caused by sudden import surges.
-
C.
Marrakesh Agreement Establishing the World Trade Organization
The Marrakesh Agreement Establishing the World Trade Organization is the 1994 multilateral treaty that created the WTO and set the legal and institutional framework for the modern global trading system.
-
D.
Agreement on Technical Barriers to Trade
The Agreement on Technical Barriers to Trade is a World Trade Organization treaty that disciplines how governments design and apply technical regulations, standards, and conformity assessment procedures so they do not create unnecessary obstacles to international trade.
-
E.
Agreement on Textiles and Clothing
The Agreement on Textiles and Clothing was a World Trade Organization accord that phased out the longstanding quota system on textile and clothing imports, integrating the sector into normal GATT trade rules.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
World Trade Organization agreement
ⓘ
international trade agreement ⓘ multilateral treaty ⓘ |
| adjustmentIncludes |
commissions and brokerage
ⓘ
cost of containers and packing ⓘ proceeds of subsequent resale accruing to the seller ⓘ royalties and licence fees related to the goods being valued ⓘ value of assists supplied by the buyer ⓘ |
| administeredBy | World Trade Organization ⓘ |
| aimsToPrevent | use of customs valuation as a disguised restriction on international trade ⓘ |
| alsoKnownAs | Customs Valuation Agreement ⓘ |
| appliesTo | all WTO Members ⓘ |
| basedOn | Article VII of GATT 1994 ⓘ |
| committeeFunction |
to afford Members the opportunity to consult on matters relating to the implementation of the Agreement
ⓘ
to carry out responsibilities assigned by the Council for Trade in Goods ⓘ |
| committeeLocatedAt |
WTO headquarters, Geneva, Switzerland
ⓘ
surface form:
WTO headquarters in Geneva
|
| commonName |
Customs Valuation Agreement
ⓘ
surface form:
WTO Customs Valuation Agreement
|
| contains |
provisions on confidentiality of information supplied for customs valuation
ⓘ
provisions on right of appeal in customs valuation matters ⓘ rules on adjustments to the transaction value ⓘ special and differential treatment provisions for developing country Members ⓘ |
| defines | transaction value as the price actually paid or payable for the goods when sold for export to the country of importation ⓘ |
| enteredIntoForceWith | the establishment of the World Trade Organization in 1995 ⓘ |
| establishes |
Committee on Customs Valuation
ⓘ
surface form:
a Committee on Customs Valuation
a hierarchy of valuation methods ⓘ |
| fallbackMethod | reasonable means consistent with the principles and general provisions of the Agreement and Article VII of GATT 1994 ⓘ |
| legalStatus |
Annex 1A: Multilateral Agreements on Trade in Goods
ⓘ
surface form:
Annex 1A agreement to the WTO Agreement
|
| objective |
to ensure neutral application of trade regulations related to customs valuation
ⓘ
to ensure uniform application of customs valuation rules ⓘ to establish a fair system for customs valuation of imported goods ⓘ |
| partOf | Marrakesh Agreement Establishing the World Trade Organization ⓘ |
| primaryMethod | transaction value of the imported goods ⓘ |
| principle | customs value should be based on actual transaction value ⓘ |
| prohibits | use of arbitrary or fictitious customs values ⓘ |
| providesFor | technical assistance to developing countries in customs valuation ⓘ |
| replaced |
Tokyo Round of Multilateral Trade Negotiations
ⓘ
surface form:
the 1979 Tokyo Round Agreement on Implementation of Article VII of the GATT 1947
|
| requires |
that customs valuation not be based on arbitrary or fictitious values
ⓘ
that customs valuation not be based on minimum customs values ⓘ that customs valuation not be based on the higher of two alternative values ⓘ that customs valuation not be based on the price of goods on the domestic market of the country of exportation ⓘ that customs valuation not be based on the selling price of domestically produced goods ⓘ use of objective and quantifiable data in customs valuation ⓘ |
| scope | determination of customs value of imported goods ⓘ |
| secondaryMethod |
computed value method
ⓘ
deductive value method ⓘ transaction value of identical goods ⓘ transaction value of similar goods ⓘ |
| subjectMatter | customs valuation rules for imported goods ⓘ |
How these facts were elicited
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Subject: Agreement on Implementation of Article VII of GATT 1994 Description of subject: The Agreement on Implementation of Article VII of GATT 1994, commonly known as the WTO Customs Valuation Agreement, sets out rules for determining the customs value of imported goods to ensure fair, uniform, and neutral application of trade regulations.
Referenced by (13)
Full triples — surface form annotated when it differs from this entity's canonical label.