Ley 8 de 1992 | Ley 8 de 1992 — Colombia law | Esheria

Ley 8 de 1992

This preamble says the States Parties recognize the importance of economic cooperation and the Global System of Trade Preferences among developing countries.

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Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 8 de 1992
Version
Undated source snapshot
Language
es
Updated
Official source
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accession procedure acuerdos internacionales agreement governance agreement withdrawal amendments balance of payments commercial agreements committee governance committee notification committee procedure compliance deadlines concession lists concessions consultation consultations contract governance customs decision-making procedures direct trade measures economic cooperation effective date firma y ratificación de acuerdos gobernanza del acuerdo import controls +40 more

Statute overview

About this statute

This preamble says the States Parties recognize the importance of economic cooperation and the Global System of Trade Preferences among developing countries. This article defines key terms used in the Agreement, including participant, least developed country, national producers, serious injury, threat of serious injury, critical circumstances, sectoral agreements, direct trade measures, tariff duties, non-tariff measures, and para-tariff measures. The participants establish the SGPC to promote mutual trade and economic cooperation among developing countries through exchanges of concessions. This article sets out principles for the SGPC: limited participation, mutual advantages, phased development, protection of least developed countries, broad product coverage, and optional participation for certain intergovernmental groupings. El SGPC puede incluir varios tipos de acuerdos y medidas, entre ellos arancelarios, paraarancelarios, no arancelarios, comerciales directas y sectoriales.