News 09 Apr. 2024
Curtis Announces New Partners and Counsels Across Offices in Spring 2024
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News 25 Jan. 2024
Counsel Mohannad A. El Murtadi Suleiman Addresses “Africanization” of International Investment Law
Event 18 Aug. 2023
Partner Borzu Sabahi Speaks at FDI Moot Shenzhen
News 25 Jul. 2023
Partner Eric Gilioli Ranked in Top 10 Influential Energy & Natural Resources Lawyers in Kazakhstan in Business Today
Client Alert 28 Dec. 2023
U.S. to Impose Secondary Sanctions on Non-U.S. Banks For Financing Russia’s Defense Industry
Event 22 Aug. 2023
Partner Dr. Claudia Frutos-Peterson to Speak at Arbitration and ADR Commission of the ICC Mexico
Event 11 Jul. 2023
Partner Elisa Botero Speaks on the Role of the ICC in Investment Disputes
News 15 Aug. 2023
Legal Reader Publishes Article on Dr. Majed Alotaibi’s Arrival as Senior Counsel in Curtis’ Riyadh Office
News 31 Jul. 2023
Curtis Welcomes Senior Saudi Advisor, Dr. Majed Alotaibi, to its Riyadh Office
News 24 Aug. 2023
Curtis Attorneys Quoted in CoinDesk on FTX Founder Sam Bankman-Fried’s Strategy Ahead of His Criminal Trial
Client Alert 26 Jun. 2024
The EU Adopts its 14th Sanctions Package Against Russia
Client Alert 03 May. 2024
The EU Adopts the Directive on Definition of Criminal Offences and Penalties for Violations of EU Restrictive Measures
news
Anna Kozmenko Appointed to the ICC International Court of Arbitration
Curtis Elevates Jacopo Cordiano to Partner in the Milan Office
International Trade
The GATT is the General Agreement on Tariffs and Trade. The WTO is the World Trade Organization. GATT was an international treaty with a temporary international existence, whereas the World Trade Organization is a permanent body whose authority has been ratified by its many member nations. GATT dispute settlement was generally slower and less effective than dispute settlement under the WTO.
GATT international trade principles are numerous but it's especially well-known for its “most-favored nation” policy. Basically, countries must treat each trading partner as they would their “most favored nation.” The General Agreement on Tariffs and Trade also put a premium on reciprocity and transparency, as well as the elimination of tariffs and other trade barriers.
Daniel Porter
Partner
ITC Injury Proceedings
WTO and International Trade Dispute Settlement
Trade Remedy Practice
Economic Sanctions
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