Gatt Agreement China

Hong Kong, then a colony of the British crown, became a party to the GATT on April 23, 1986. On 1 July 1997, the People`s Republic of China regained sovereignty over Hong Kong. From then on, Hong Kong became a special administrative region of China. As such, it would retain, among other things, the status of a separate customs territory and would continue to decide its own economic and trade policy, it could maintain and develop the sole name of Hong Kong, China under the name of Hong Kong, China, and conclude and implement agreements with the states, regions and international organizations concerned in the economic, trade and other fields. Subsequently, Hong Kong, as a contracting party to the GATT, fully participated in the Uruguay Round and assumed all the corresponding rights and obligations by formally accepting the final act on the embodiment of the results of Uruguay`s multilateral trade round, drawn up in Marrakech on 15 April 1994. Under Article XI of the Marrakesh Agreement establishing the World Trade Organization, Hong Kong became an initial member of the WTO. Under the agreements described above, Hong Kong will remain a member of the WTO, which is called Hong Kong, China. 8. Lorand Laskai, “Why does everyone hate made in China 2025?”, Council on Foreign Relations, March 28, 2018, www.cfr.org/blog/why-does-everyone-hate-made-china-2025. China became a member of the World Trade Organization (WTO) on 11 December 2001 after approval of the Ministerial Conference.

[2] China`s accession to the WTO was preceded by a lengthy negotiation process that required significant changes in the Chinese economy. Prior to the adoption of the TRIPS agreement, “the protection of trade secrets was not seen as part of intellectual property protection, but as a general unfair competition.” 41 With the adoption of the TRIPS agreement, for the first time, “undisclosed information” was listed in a comprehensive agreement among the various forms of intellectual property. It is one of the intellectual property rights that must be applied in accordance with Part III of the TRIPS agreement42 But a quarter of a century later, Article 39 has never been used. Article 39 is not the subject of any WTO jurisprudence.

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