Trade
National Treatment Principle
WTO obligation prohibiting discrimination between domestic and imported products once they have entered the market.
WTO obligation prohibiting discrimination between domestic and imported products once they have entered the market.
National treatment (GATT Art. III) prohibits applying internal taxes, regulations, or requirements more burdensome to imported products than to similar domestic products once cleared.
Most Favored Nation Clause
WTO principle requiring each member to grant all other members the same most favorable trade treatment it grants to any one of them.
TariffsMost Favored Nation
A WTO principle requiring that any trade advantage granted to one member country must automatically be extended to all other WTO members.
TradeTrade Facilitation Agreement (TFA)
WTO multilateral agreement establishing measures to expedite, simplify, and harmonize customs and international trade procedures.