WPDR definition
Examples of WPDR in a sentence
The Working Party on Domestic Regulation (WPDR) has been established for that purpose.
The disciplines are to be integrated into the GATS, together with any new results the WPDR may achieve in the interim, at the end of the current Round.
As a result of a suggestion from Hong Kong, the WPDR decided that Members should consult on a voluntary basis with their domestic professional associations concerning the potential applicability of the Disciplines for the Accountancy Sector to their professions.
During a series of meetings in July 2000, the WPDR heard from WTO Member States about these consultations: Several Members informed the working party on their consultations with domestic professional organizations regarding the applicability of the accountancy disciplines to other professions.
Although not the main focus of discussion, the WPDR has also discussed international standards, which was the fourth point in the Secretariat’s memo S/C/W/96.
The WPDR set a deadline of December 31, 1999 to complete these domestic consultations with the relevant professional organizations and until March 31, 2000 to notify the WTO of the results of the consultations.
Although the WPDR has indicated that the issues of necessity and transparency have been the focus of most of the discussions, the WPDR minutes also memorialize some discussion about “equivalency.” As the Secretariat explained, the “equivalency” doctrine is relevant to disciplines and domestic regulation because: Regulators are often called upon to assess the equivalence of domestic and foreign qualifications.
Governments are encouraged to negotiate agreements to accept equivalence of qualifications obtained under other jurisdictions;10 acceptance of international standards to facilitate evaluation of qualification obtained abroad.11 Literature dealing with the issue of negotiations of disciplines for domestic regulation in the GATS as well as the discussions in the WPDR raises a number of concerns for developing and least developed countries that arise from the negotiations.
The disciplines are to be integrated into the GATS, together with any additional results the WPDR may agree upon at the end of the current Round.
Any timetable or Project Plan will be an estimate only unless such timetable or Project Plan is expressly agreed to be a binding commitment as part of a fixed price WPDR or SOW.