By Jonathan Reuvid
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Additional info for A Handbook of World Trade: A Strategic Guide to Trading Internationally
The charter included chapters on employment, development, antitrust, investment, agriculture and substantial exceptions to liberal trade rules. The International Chamber of Commerce (ICC), representing the liberal and business thinking of that time, was one of its most outspoken critics. It was considered that the charter encouraged the use of trade restrictions as a remedy for domestic policy mistakes and to accord precedence to national full employment policies at the expense of international cooperation (Curzon, 1965).
TRIPS and public health Under Article 31(f) of the Agreement on Aspects of Trade-Related Intellectual Property Rights (TRIPS), production under compulsory licensing must be predominantly for the domestic market. This effectively limits the ability of countries that cannot make pharmaceutical products from importing cheaper generics produced by way of compulsory licensing from countries where pharmaceuticals are patented. In the Doha Declaration, Ministers stressed that it was important to implement and interpret the TRIPS Agreement in a way that supported public health.
A renewed attempt in 1955 to turn it into a proper institution failed. The GATT’s permanent uncertainty, indistinct identity and awkward acronym went a long way towards protecting it from public scrutiny, and allowed it to carry out its mandate of reducing border restrictions quietly and effectively. The GATT’s existence can be split into three distinct phases: l the tariff and quota cycle: between 1948 and 1968 under the continuous leadership of Windham White, when the GATT was a club of ‘old hands’ directly involved in its creation, who negotiated the agreement and knew it inside out; l the Tokyo Round era (1973–1979) of non-tariff barriers under the guidance of Director General Olivier Long; l the pre- and intra-Uruguay Round years (1984–1996) presided over by Arthur Dunkel from 1980–93, who steered the GATT through a sea change in the global trading system and prepared it for its new mission.
A Handbook of World Trade: A Strategic Guide to Trading Internationally by Jonathan Reuvid