ATC

E318632

The ATC (Agreement on Textiles and Clothing) was a World Trade Organization accord that governed the gradual integration of the textiles and clothing sector into normal WTO rules, phasing out quotas on textile and apparel trade.

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All labels observed (1)

Label Occurrences
ATC canonical 3

Statements (46)

Predicate Object
instanceOf World Trade Organization agreement
international trade agreement
abbreviation ATC self-linksurface differs
administeredBy World Trade Organization
appliesTo World Trade Organization member states
surface form: WTO members

apparel trade
clothing sector
textiles sector
basedOn principles of non-discrimination in WTO
endOfTransitionPeriod 1 January 2005
enteredIntoForce 1995
enteredIntoForceWith Marrakesh Agreement Establishing the World Trade Organization
surface form: establishment of the World Trade Organization
establishedBody Textiles Monitoring Body
field international trade law
trade policy
fullName Agreement on Textiles and Clothing
hasEffect elimination of most textile and clothing quotas
liberalization of global textile and clothing trade
language English
French
Spanish
legalBasis Marrakesh Agreement Establishing the World Trade Organization
legalStatus multilateral agreement
mechanism phasing out of existing quotas
progressive integration of products into GATT 1994
monitoredBy Textiles Monitoring Body
objective elimination of quantitative restrictions on textiles and clothing
integration of textiles and clothing into GATT 1994 rules
progressive liberalization of textile and clothing trade
partOf Uruguay Round (1986–1994)
surface form: Uruguay Round agreements
policyInstrument quota phase-out
tariff bindings
predecessorRegime Multi-Fibre Arrangement quota system
regulates quantitative restrictions on textile and clothing imports
relatedTo General Agreement on Tariffs and Trade
WTO agreements
surface form: World Trade Organization Agreement
replaced Multi-Fibre Arrangement
replacedBy GATT 1994 disciplines
normal WTO rules on goods
scope trade in clothing
trade in textile and apparel products
trade in textiles
startOfTransitionPeriod 1 January 1995
subjectOf textiles and clothing trade
terminatedOn 1 January 2005
timeFrame 10-year transition period

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

ATC abbreviation ATC self-linksurface differs
subject surface form: Agreement on Textiles and Clothing