WTO Advances Toward Trade Agreement Transparency

Law360, New York (October 6, 2010, 5:08 PM EDT) -- The World Trade Organization is on track to approve a mechanism that will allow its members to scrutinize preferential trade arrangements.

The WTO's Committee on Trade and Development on Monday approved a proposal submitted by Brazil, China, India and the U.S. to establish a transparency mechanism for preferential trade arrangements.

Now that it has won committee approval, the proposal will be sent to the WTO General Council for adoption.

The proposed transparency mechanism lays out a specific procedure for the consideration by the committee of preferential...
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