Browsing by Author "Aloo, Leonard Obura"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Open Access
    Any place for Lome trade provisions under the WTO? : Towards the Lome V
    (2000) Aloo, Leonard Obura; Devine, Derry
    The WTO and its forerunner GATT are products of immediate post World War II diplomacy brought about by the demand for the economic reconstruction of war-torn Western Europe. Protectionist attitudes of nations during the pre-war era and other economic misjudgments were partly blamed for the outbreak pf the war. The emergent system was therefore one dominated by liberal economic thought. The system essentially prohibits the use of restrictions on imports other than tariffs, and then provides for negotiation of reduced tariff levels. Central to this system is the principle of "nondiscrimination" embodied in the twin tenets of the "most-favoured-nation"(l1FN) and "national treatment" principles.