TBT Sample Clauses

TBT. The WTO Agreement on Technical Barriers to Trade is incorporated into the EFTA- Mercosur Agreement. It includes principles for the elaboration of technical regulations, standards and conformity assessment procedures, marking and labelling and provides for a consultation mechanism between the Parties so as to avoid unnecessary obstacles to trade. The Chapter also strengthens technical cooperation and transparency commitments between the parties. The Chapter foresees additional sector-specific trade facilitating initiatives in the future. The provision also foresees that, should the Parties agree to such trade facilitating initiatives regarding technical regulations, standards and conformity assessments with the EU, such arrangement may be extended to each other. Dialogues The dialogues Chapter strengthens bilateral and international cooperation in matters related to animal welfare, maximum residues limits (MRLs), biotechnology and the fight against antimicrobial resistance (AMR) Trade in Services The Chapter on trade in services closely follows the approach of the WTO General Agreement on Trade in Services (GATS). It covers trade in all services sectors under all four modes of supply, but services supplied in the exercise of governmental authority are exempted from the scope of the Chapter. Separate annexes on movement of natural persons supplying services, telecommunication services and financial services complement the Chapter with additional disciplines specific to those sectors. The Parties have listed the sectors in which they undertake specific commitments, as well as the exemptions from most-favoured-nation (MFN) treatment in further annexes. Those lists shall be reviewed periodically with the aim to further liberalise trade in services between both sides. The Mercosur States have undertaken market access commitments in a number of sectors such as energy related services, maritime transport, telecommunications and financial services.
Sample 1
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