Misplaced Pages

#139860

119-482: International trade law includes the appropriate rules and customs for handling trade between countries. However, it is also used in legal writings as trade between private sectors. This branch of law is now an independent field of study as most governments have become part of the world trade, as members of the World Trade Organization (WTO). Since the transaction between private sectors of different countries

238-496: A de facto international organization. Seven rounds of negotiations occurred under GATT (1949 to 1979). The first real GATT trade rounds (1947 to 1960) concentrated on further reducing tariffs . Then the Kennedy Round in the mid-sixties brought about a GATT anti-dumping agreement and a section on development. The Tokyo Round during the seventies represented the first major attempt to tackle trade barriers that do not take

357-657: A tropical monsoon climate ( Am ). Average temperatures range from 22 °C (72 °F) in January and February to 28 °C (82 °F) in August. The temperature seldom drops below 10 °C (50 °F). The lowest temperature was 1 °C (34 °F) in Santiago de Las Vegas, Boyeros. The lowest recorded temperature in Cuba was 0 °C (32 °F) in Bainoa, Mayabeque Province (before 2011

476-479: A 20% increase from 2005). Old Havana was declared a UNESCO World Heritage Site in 1982. The city is also noted for its history , culture, architecture and monuments. As typical of Cuba, Havana experiences a tropical climate . In 1514, Diego Velázquez founded the city San Cristóbal de la Habana, which meant " Saint Christopher of the Habana". Habana was the name of the local people group. It has been theorized that

595-620: A 2018 study in the Journal of Politics , states are less likely and slower to enforce WTO violations when the violations affect states in a diffuse manner. This is because states face collective action problems with pursuing litigation: they all expect other states to carry the costs of litigation. A 2016 study in International Studies Quarterly challenges that the WTO dispute settlement system leads to greater increases in trade. However,

714-590: A formal international organization to regulate trade, was established. The purposes and structure of the organization are governed by the Agreement Establishing The World Trade Organization , also known as the " Marrakesh Agreement ". It does not specify the actual rules that govern international trade in specific areas. These are found in separate treaties, annexed to the Marrakesh Agreement. The scope of WTO: (a) provide

833-681: A framework for administration and implementation of agreements; (b) forum for further negotiations; (c) trade policy review mechanism; and (d) promote greater coherence among members economics policies Principles of the WTO: (a) A principle of non-discrimination (most-favored-nation treatment obligation and the national treatment obligation) (b) market access (reduction of tariff and non-tariff barriers to trade) (c) balancing trade liberalization and other societal interests (d) harmonization of national regulation (TRIPS agreement, TBT agreement, SPS agreement) The General Agreement on Tariffs and Trade(GATT) has been

952-630: A framework for negotiating trade agreements , which usually aim to reduce or eliminate tariffs , quotas , and other restrictions ; these agreements are signed by representatives of member governments and ratified by their legislatures. It also administers independent dispute resolution for enforcing participants' adherence to trade agreements and resolving trade-related disputes. The organization prohibits discrimination between trading partners, but provides exceptions for environmental protection, national security, and other important goals. It officially commenced operations on 1 January 1995, pursuant to

1071-510: A long list of about 60 agreements, annexes, decisions, and understandings was adopted. The agreements fall into six main parts: In terms of the WTO's principle relating to tariff "ceiling-binding" (No. 3) , the Uruguay Round has been successful in increasing binding commitments by both developed and developing countries, as may be seen in the percentages of tariffs bound before and after the 1986–1994 talks. The highest decision-making body of

1190-502: A member. Some countries may have faced tougher and a much longer accession process due to challenges during negotiations with other WTO members, such as Vietnam, whose negotiations took more than 11 years before it became an official member in January 2007. The WTO has 166 members and 23 observer governments. Most recently, on 26 February 2024 at the 13th Ministerial Conference in Abu Dhabi, Comoros and Timor Leste were approved to became

1309-655: A plan by the Knights of the Golden Circle to create a 'Golden Circle' with a 1200   mile-radius centered on Havana. After the Confederate States of America were defeated in the American Civil War in 1865, many former slaveholders continued to run plantations by moving to Havana. In 1863, the city walls were knocked down so that the metropolis could be enlarged. At the end of the 19th century, Havana witnessed

SECTION 10

#1732859345140

1428-578: A portion of the candidates is nominated at the local level. The People's Councils (Consejos Populares) consist of local city delegates who elect a full-time representative to preside over the body. These councils are directly responsible for the city's neighbourhoods and wards. In addition, there is involvement of "mass organizations" and representatives of local government agencies, industries and services. The 105 People's Councils in Havana cover an average of 20,000 residents. Havana city borders are contiguous with

1547-708: A problem as graduates entering the workforce could not find jobs. The middle class, which was comparable to that of the United States, became increasingly dissatisfied with unemployment and political persecution. The labor unions supported Batista until the very end. Batista stayed in power until he was forced into exile in December 1958. After the revolution of 1959 , the new government under Fidel Castro began to improve social services, public housing, and official buildings. Nevertheless, after Castro's abrupt expropriation of all private property and industry (May 1959 onwards) under

1666-427: A regular budget is 340 women and 283 men. The WTO describes itself as "a rules-based, member-driven organization—all decisions are made by the member governments, and the rules are the outcome of negotiations among members". The WTO Agreement foresees votes where consensus cannot be reached, but the practice of consensus dominates the process of decision-making. Richard Harold Steinberg (2002) argues that although

1785-426: A result of joining the WTO, Armenia offered a 15 per cent ceiling bound tariff rate on accessing its market for goods. Together with the tariff bindings being ad valorem there are no specific or compound rates. Moreover, there are no tariff-rate quotas on both industrial and agricultural products. Armenia's economic and trade performance growth was noted since its first review in 2010, especially its revival from

1904-578: A strong communist model backed by the Soviet Union followed by the U.S. embargo , shortages that affected Cuba in general hit Havana especially hard. By 1966–68, the Cuban government had nationalized all privately owned business entities in Cuba, down to "certain kinds of small retail forms of commerce" as per law No. 1076. An economic downturn occurred after the collapse of the Soviet Union in 1991. Soviet subsidies ended, representing billions of dollars which

2023-507: A third of the population of Havana. In 1674, the works for the City Walls were started, as part of the fortification efforts. They would be completed by 1740. By the middle of the 18th century Havana had more than seventy thousand inhabitants, and was the third-largest city in the Americas, ranking behind Lima and Mexico City but ahead of Boston and New York City. During the 18th century Havana

2142-486: Is San Cristóbal ( Saint Christopher ), to whom the cathedral is devoted. it also has a minor basilica , Basílica Santuario Nacional de Nuestra Señora de la Caridad del Cobre and two other national shrines, Jesús Nazareno del Rescate and San Lázaro (El Rincón). It received papal visits from three successive supreme pontiffs: Pope John Paul II (January 1998), Pope Benedict XVI (March 2012) and Pope Francis (September 2015). The Jewish community in Havana has reduced after

2261-478: Is a hybrid of all 3 put together. In February 2007 the New York Times estimated that there were about 1,500 known Jews living in Havana. Havana has a diversified economy, with traditional sectors, such as manufacturing, construction, transportation and communications, and new or revived ones such as biotechnology and tourism. The city's economy first developed on the basis of its location, which made it one of

2380-509: Is a population of internal migrants to Havana nicknamed "palestinos" (Palestinians) (sometimes considered a racist term ) who mostly hail from the eastern region of Oriente . The city's significant minority of Chinese, mostly of Cantonese origin, were brought in the mid-19th century by Spanish settlers via the Philippines with work contracts and after completing 8-year contracts many Chinese immigrants settled permanently in Havana. Before

2499-567: Is a population of several thousand North African teen and pre-teen refugees. Between 2018, the most recent census, and the mid-Twentieth Century census of 1953, Havana's population has grown by an estimated 87 percent, a growth rate typical of most Latin American cities. Roman Catholics form the largest religious group in Havana. Havana is one of the three Metropolitan sees on the island (the others being Camagüey and Santiago), with two suffragan bishoprics: Matanzas and Pinar del Río. Its patron saint

SECTION 20

#1732859345140

2618-671: Is an intergovernmental organization headquartered in Geneva , Switzerland that regulates and facilitates international trade . Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System . The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP . The WTO facilitates trade in goods, services and intellectual property among participating countries by providing

2737-421: Is an important part of the WTO activities, this latter branch of law is now part of the academic works and is under study in many universities across the world. International trade law should be distinguished from the broader field of international economic law . The latter could be said to encompass not only WTO law, but also law governing the international monetary system and currency regulation, as well as

2856-679: Is based on theories of economic liberalism developed in Europe and later the United States from the 18th century onwards. International Trade Law is an aggregate of legal rules of "international legislation" and new lex mercatoria, regulating relations in international trade. "International legislation" – international treaties and acts of international intergovernmental organizations regulating relations in international trade. lex mercatoria – "the law for merchants on land". Alok Narayan defines "lex mercatoria" as "any law relating to businesses" which

2975-517: Is because the GATT was meant to be a temporary fix to trade issues, and the founders hoped for something more concrete. It took many years for this to come about, however, because of the lack of money. The British Economy was in crisis and there was not much backing from Congress to pass the new agreement. The idea of these agreements (WTO and GATT) was to create an equal field for all countries in trade. This way all countries got something of equal value out of

3094-418: Is centered elsewhere on the island and controls some three-fourths of the export economy. But light manufacturing facilities, meat-packing plants, and chemical and pharmaceutical operations are concentrated in Havana. Other food-processing industries are also important, along with shipbuilding, vehicle manufacturing, production of alcoholic beverages (particularly rum), textiles, and tobacco products, particularly

3213-840: Is concerned with setting the rules of "trade policy". Five principles are of particular importance in understanding both the pre-1994 GATT and the WTO: There are three types of provision in this direction: Exceptions to the MFN principle also allow for preferential treatment of developing countries , regional free trade areas and customs unions . The highest authority of the WTO is the Ministerial Conference, which must meet at least every two years. The Ministerial Conference met most recently in June 2022 in Geneva. In between each Ministerial Conference,

3332-466: Is dependent upon the national government, particularly, for much of its budgetary and overall political direction. Voters elect delegates to Municipal Assemblies in competitive elections every five years, and the Municipal Assemblies are responsible for each of the city's boroughs. These assemblies elect the borough presidents and vice presidents, which are equivalents to mayors and vice mayors in

3451-464: Is examined by a working party open to all interested WTO Members. After all necessary background information has been acquired, the working party focuses on issues of discrepancy between the WTO rules and the applicant's international and domestic trade policies and laws. The working party determines the terms and conditions of entry into the WTO for the applicant nation and may consider transitional periods to allow countries some leeway in complying with

3570-415: Is not functional. The process of becoming a WTO member is unique to each applicant country, and the terms of accession are dependent upon the country's stage of economic development and the current trade regime. The process takes about five years, on average, but it can last longer if the country is less than fully committed to the process or if political issues interfere. The shortest accession negotiation

3689-427: Is similar to a developed country, with Havana having an even higher proportion of elderly than the country as a whole. According to the 2012 national census of Havana's population (the Cuban census and similar studies use the term "skin color" instead of "race"). As with the other Caribbean nations, there are few mestizos in Havana (and Cuba as a whole), in contrast to many other Latin American countries, because

International trade law - Misplaced Pages Continue

3808-565: Is the hill to the west that is occupied by the University of Havana and the Castillo del Príncipe (Havana) . Havana has a tropical climate that is tempered by the island's position in the belt of the trade winds and by the warm offshore currents. Under the Köppen climate classification , Havana has a tropical savanna climate ( Aw ) that closely borders on a tropical rainforest climate ( Af ) and

3927-510: Is the most important function of WTO. Other important functions include: Additionally, it is WTO's duty to review and propagate the national trade policies and to ensure the coherence and transparency of trade policies through surveillance in global economic policy-making. Another priority of the WTO is the assistance of developing , least-developed and low-income countries in transition to adjust to WTO rules and disciplines through technical cooperation and training: The above five listings are

4046-666: The Doha Development Round , at the fourth ministerial conference in Doha , Qatar in November 2001. This was to be an ambitious effort to make globalization more inclusive and help the world's poor, particularly by slashing barriers and subsidies in farming. The initial agenda comprised both further trade liberalization and new rule-making, underpinned by commitments to strengthen substantial assistance to developing countries. Progress stalled over differences between developed nations and

4165-579: The Donald Trump administration blocked appointments to the body, the Appellate Body has been unable to enforce WTO rules and punish violators of WTO rules. In March 2020, the European Union and 15 other WTO members agreed to a Multiparty Interim Appeal Arbitration Arrangement (MPIA). This gave access to an alternative appellate mechanism (arbitration as an appellate mechanism) while the Appellate Body

4284-570: The European Union 's Everything but Arms initiative to phase out tariffs for goods from the least developed countries . At the sixth WTO Ministerial Conference of 2005 in December, WTO launched the Aid for Trade initiative and it is specifically to assist developing countries in trade as included in the Sustainable Development Goal 8 which is to increase aid for trade support and economic growth. The Twelfth Ministerial Conference (MC12)

4403-577: The Gran Hotel Manzana Kempinski La Habana , a new 5-star hotel attempting to develop a new hospitality industry. In Old Havana, a number of streets and squares have been rehabilitated in an effort to rebuild for tourists. But Old Havana is a large city, and the restoration efforts concentrate in all on less than 10% of its area. On the night of 27 January 2019, an unusually violent and destructive tornado ripped through Havana. The tornado killed eight people and injured over 190. It

4522-522: The Marrakesh Agreement . The GATT still exists as the WTO's umbrella treaty for trade in goods, updated as a result of the Uruguay Round negotiations (a distinction is made between GATT 1994 , the updated parts of GATT, and GATT 1947 , the original agreement which is still the heart of GATT 1994). GATT 1994 is not, however, the only legally binding agreement included via the Final Act at Marrakesh;

4641-789: The Mayabeque Province on the south and east and to Artemisa Province on the west, since former La Habana Province (rural) was abolished in 2010. Havana lies on the northern coast of Cuba along the Straits of Florida , south of the Florida Keys , where the Gulf of Mexico joins the Atlantic Ocean. The city extends mostly westward and southward from the bay, which is entered through a narrow inlet and which divides into three main harbors: Marimelena, Guanabacoa, and Atarés. The Almendares River traverses

4760-630: The Royal Navy and Army, sailed into Cuban waters and made an amphibious landing east of Havana. The British immediately opened up trade with their North American and Caribbean colonies , causing a rapid transformation of Cuban society. Less than a year after Havana was seized, the Peace of Paris was signed by the three warring powers thus ending the Seven Years' War. The treaty gave Britain Florida in exchange for

4879-524: The " Singapore issues " such as agricultural subsidies ; while others such as the Seattle conference in 1999 provoked large demonstrations. The fourth ministerial conference in Doha in 2001 approved China's entry to the WTO and launched the Doha Development Round which was supplemented by the sixth WTO ministerial conference (in Hong Kong ) which agreed to phase out agricultural export subsidies and to adopt

International trade law - Misplaced Pages Continue

4998-592: The 165th and 166th members. In addition to states, the European Union, and each EU country in its own right, is a member. WTO members do not have to be fully independent states; they need only be a customs territory with full autonomy in the conduct of their external commercial relations. Thus Hong Kong has been a member since 1995 (as "Hong Kong, China" since 1997) predating the People's Republic of China, which joined in 2001 after 15 years of negotiations. Taiwan acceded to

5117-451: The 1943 census. The con-urbanization expanded over the Havana municipality borders into neighbor municipalities of Marianao, Regla and Guanabacoa. Starting from the 1980s, the city's population is growing slowly as a result of balanced development policies, low birth rate, its relatively high rate of emigration abroad, and controlled domestic migration. Because of the city and country's low birth rate and high life expectancy, its age structure

5236-570: The 1994 Marrakesh Agreement , thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. Its top decision-making body is the Ministerial Conference, which is composed of all members and usually convenes biennially ; consensus is emphasized in all decisions. Day-to-day functions are handled by the General Council, made up of representatives from all members. A Secretariat of over 600 personnel, led by

5355-403: The 2008 global financial crisis, with an average annual 4% GDP growth rate, despite some fluctuations. Armenia 's economy was marked by low inflation, diminishing poverty, and essential progress in enhancing its macroeconomic steadiness in which trade in goods and services, which is the equivalent of 87% of GDP, played a growing role. When the bilateral talks conclude, the working party sends to

5474-506: The 21st century was derived from medieval commercial laws called the lex mercatoria and lex maritima —respectively, "the law for merchants on land" and "the law for merchants on the sea." Modern trade law (extending beyond bilateral treaties) began shortly after the Second World War , with the negotiation of a multilateral treaty to deal with trade in goods: the General Agreement on Tariffs and Trade (GATT). International trade law

5593-485: The Accession Package of Vanuatu on 26 October 2011. On 24 August 2012, the WTO welcomed Vanuatu as its 157th member. An offer of accession is only given once consensus is reached among interested parties. A 2017 study argues that "political ties rather than issue-area functional gains determine who joins" and shows "how geopolitical alignment shapes the demand and supply sides of membership". The "findings challenge

5712-505: The Director-General and four deputies, provides administrative, professional, and technical services. The WTO's annual budget is roughly 220 million USD , which is contributed by members based on their proportion of international trade. Studies show the WTO has increased trade and reduced trade barriers. It has also influenced trade agreement generally; the vast majority of preferential trade agreements (PTAs) explicitly reference

5831-518: The New World after Castillo San Cristóbal (the biggest) and Castillo San Felipe del Morro both in San Juan, Puerto Rico. On 15 January 1796, the remains of Christopher Columbus were transported to the island from Santo Domingo . They rested there until 1898, when they were transferred to Seville's Cathedral , after Spain's loss of Cuba. As trade between Caribbean and North American states increased in

5950-549: The New World and Rampart of the West Indies" by the Spanish Crown . In the meantime, efforts to build or improve the defensive infrastructures of the city continued. Havana expanded greatly in the 17th century. New buildings were constructed from the most abundant materials of the island, mainly wood, combining various Iberian architectural styles, as well as borrowing profusely from Canarian characteristics. During this period

6069-424: The New World carried products first to Havana, to be taken by the fleet to Spain. The thousands of ships gathered in the city's bay also fueled Havana's agriculture and manufacture, since they had to be supplied with food, water, and other products needed to traverse the ocean. On 20 December 1592, King Philip II of Spain granted Havana the title of City. Later on, the city would be officially designated as "Key to

SECTION 50

#1732859345140

6188-747: The Provincial Council (until 2019 the Provincial Assembly), which in Havana serves roughly as the City Council; its president appoints the Governor and Vice Governor, who serve as the Mayor and Vice Mayor of Havana and can be either elected by the council or appointed by the president with council confirmation. There are direct elections for the city's deputies to the National Assembly based on slates, and

6307-467: The Revolution from once having embraced more than 15,000 Jews, many of whom had fled Nazi persecution and subsequently left Cuba to Miami or to Israel after Castro took to power in 1959. The city once had five synagogues, but only three remain (one Orthodox , and two Conservative : one Conservative Ashkenazi and one Conservative Sephardic ), Beth Shalom Grand Synagogue is one of them and another that

6426-506: The Soviet Union had given the Cuban government . Many believed the revolutionary government would soon collapse, as happened to the Soviet satellite states of Eastern Europe. After many years of economic struggle and prohibition, the socialist government has turned to tourism for revenue and has brought foreign investors to remodel the nationalized, former Manzana de Gomez building, and turn it into

6545-576: The Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU) annexed to the "Final Act" signed in Marrakesh in 1994. Dispute settlement is regarded by the WTO as the central pillar of the multilateral trading system, and as a "unique contribution to the stability of the global economy". WTO members have agreed that, if they believe fellow-members are violating trade rules, they will use

6664-503: The Uruguay Round talks aimed to extend the trading system into several new areas, notably trade in services and intellectual property, and to reform trade in the sensitive sectors of agriculture and textiles; all the original GATT articles were up for review. The Final Act concluding the Uruguay Round and officially establishing the WTO regime was signed on 15 April 1994, during the ministerial meeting at Marrakesh , Morocco—hence known as

6783-555: The WTO cooperates closely with the two other components of the Bretton Woods system , the IMF and the World Bank. The WTO is recognized for producing authoritative annual reports that provide clarity on the complexities of global trade. These documents are essential for anyone involved with or interested in trade policies and trends. The World Trade Report stands as a key publication from

6902-630: The WTO in 2002 as the " Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu ." The WTO Secretariat omits the official titles (such as Counsellor, First Secretary, Second Secretary and Third Secretary) of the members of Taiwan 's Permanent Mission to the WTO, except for the titles of the Permanent Representative and the Deputy Permanent Representative. As of 2007, WTO members represented 96.4% of global trade and 96.7% of global GDP. Iran , followed by Algeria , are

7021-411: The WTO rules. The final phase of accession involves bilateral negotiations between the applicant nation and other working party members regarding the concessions and commitments on tariff levels and market access for goods and services. The new member's commitments are to apply equally to all WTO members under normal non-discrimination rules, even though they are negotiated bilaterally. For instance, as

7140-400: The WTO's consensus governance model provides law-based initial bargaining, trading rounds close through power-based bargaining favoring Europe and the U.S., and may not lead to Pareto improvement . The WTO's dispute-settlement system "is the result of the evolution of rules, procedures and practices developed over almost half a century under the GATT 1947". In 1994, the WTO members agreed on

7259-621: The WTO, the Ministerial Conference , usually meets every two years. It brings together all members of the WTO, all of which are countries or customs unions. The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements. Some meetings, such as the inaugural ministerial conference in Singapore and the Cancun conference in 2003 involved arguments between developed and developing economies referred to as

SECTION 60

#1732859345140

7378-551: The WTO, with substantial portions of text copied from WTO agreements. Goal 10 of the United Nations Sustainable Development Goals also referenced WTO agreements as instruments of reducing inequality. However, critics contend that the benefits of WTO-facilitated free trade are not shared equally. The WTO precursor General Agreement on Tariffs and Trade (GATT) was established by a multilateral treaty of 23 countries in 1947 after World War II in

7497-455: The WTO. It delves into the current trade trends and policy challenges, offering comprehensive insights into the evolving dynamics of the global multilateral trading system and its socioeconomic implications. The WTO Annual Report compiles a complete overview of the organization's activities, operations, and progress over the year. Detailed reports on the WTO's budget and staffing highlight its commitment to transparency and accountability within

7616-508: The additional functions of the World Trade Organization. As globalization proceeds in today's society, the necessity of an International Organization to manage the trading systems has been of vital importance. As the trade volume increases, issues such as protectionism, trade barriers, subsidies, violation of intellectual property arise due to the differences in the trading rules of every nation. The World Trade Organization serves as

7735-612: The area of dispute settlement in international trade law is the WTO dispute settlement system. The WTO dispute settlement body is operational since 1995 and has been very active since then with 369 cases in the time between 1 January 1995 and 1 December 2007. Nearly a quarter of disputes reached an amicable solution, in other cases the parties to the dispute resorted to adjudication. The WTO dispute settlement body has exclusive and compulsory jurisdiction over disputes on WTO law (Article 23.1 Dispute Settlement Understanding). World Trade Organization The World Trade Organization ( WTO )

7854-406: The backbone of international trade law since 1948 after the charter for international trade had been agreed upon in Havana . It contains rules relating to "unfair" trading practices— dumping and subsidies . Many things impacted GATT like the Uruguay Round and the North American Free Trade Agreement . In 1994 the World Trade Organization (WTO) was established to take the place of the GATT. This

7973-445: The banks of the Mayabeque River close to Playa Mayabeque . However, all attempts to found a city on Cuba's south coast failed; an early map of Cuba drawn in 1514 places the town at the mouth of the river. Between 1514 and 1519 the Spanish established two settlements on the north coast, one of them in La Chorrera , around the site of the Torreón de la Chorrera , what eventually became the neighborhoods of Vedado and Miramar, next to

8092-414: The bovine meat and dairy agreements, leaving only two. ) Despite attempts in the mid-1950s and 1960s to establish some form of institutional mechanism for international trade, the GATT continued to operate for almost half a century as a semi-institutionalized multilateral treaty régime on a provisional basis. Well before GATT's 40th anniversary (due in 1987–1988), GATT members concluded that the GATT system

8211-419: The city also built civic monuments and religious constructions. The convent of St Augustin, El Morro Castle, the chapel of the Humilladero, the fountain of Dorotea de la Luna in La Chorrera, the church of the Holy Angel, the hospital de San Lázaro , the monastery of Santa Teresa and the convent of San Felipe Neri were completed in this era. In 1649 a fatal epidemic, brought from Cartagena in Colombia, affected

8330-427: The city from south to north, entering the Straits of Florida a few miles west of the bay. There are low hills on which the city lies rise gently from the waters of the straits. A noteworthy elevation is the 200-foot-high (60-meter) limestone ridge that slopes up from the east and culminates in the heights of La Cabaña and El Morro , the sites of Spanish fortifications overlooking the eastern bay. Another notable rise

8449-461: The country's highest incomes and human development indicators. After the collapse of the Soviet Union, Cuba re-emphasized tourism as a major industry leading to its recovery. Tourism is now Havana and Cuba's primary economic source. Havana's economy is still in flux, despite Raúl Castro's embrace of free enterprise in 2011. Though there was an uptick in small businesses in 2011, many have since gone out of business, due to lack of business and income on

8568-555: The daily work is handled by three bodies whose membership is the same; they only differ by the terms of reference under which each body is constituted: The General Council, whose Chair as of 2020 is David Walker of New Zealand, has the following subsidiary bodies which oversee committees in different areas: The Service Council has three subsidiary bodies: financial services, domestic regulations, GATS rules, and specific commitments. The council has several different committees, working groups, and working parties. There are committees on

8687-509: The dispute settlement system cannot be used to resolve trade disputes that arise from political disagreements. When Qatar requested the establishment of a dispute panel concerning measures imposed by the UAE, other GCC countries and the US were quick to dismiss its request as a political matter, stating that national security issues were political and not appropriate for the WTO dispute system. Since 2019, when

8806-532: The early 19th century, Havana became a flourishing and fashionable city. Havana's theaters featured the most distinguished actors of the age, and prosperity among the burgeoning middle-class led to expensive new classical mansions being erected. During this period Havana became known as the Paris of the Antilles . In 1837, the first railroad was constructed, a 51 km (32 mi) stretch between Havana and Bejucal , which

8925-452: The early great trade centers in the New World. Sugar and a flourishing slave trade first brought riches to the city, and later, after independence, it became a renowned resort. Despite efforts by Fidel Castro's government to spread Cuba's industrial activity to all parts of the island, Havana remains the center of much of the nation's industry. The traditional sugar industry, upon which the island's economy has been based for three centuries,

9044-466: The eastern part of Havana province). Rainfall is heaviest in June and October and lightest from December through April, averaging 1,200 mm (47 in) annually. Hurricanes occasionally strike the island, but they ordinarily hit the south coast, and damage in Havana has been less than elsewhere in the country. The most recent tropical cyclone to come near Havana at hurricane strength was Ian in 2022. Tornadoes can be somewhat rare in Cuba, however, on

9163-475: The economies with the largest GDP and trade outside the WTO, using 2005 data. With the exception of the Holy See , observers must start accession negotiations within five years of becoming observers. A number of international intergovernmental organizations have also been granted observer status to WTO bodies. Ten UN members have no affiliation with the WTO. The WTO oversees about 60 different agreements which have

9282-448: The end of 2012 official Census, 19.1% of the population of Cuba lived in Havana. According to the census of 2012, the population was 2,106,146. The city has an average life expectancy of 76.81 years at birth. In 2009, there were 1,924 people living with HIV/AIDS in the city, 78.9% of these are men, and 21.1% being women. Havana agglomeration grew rapidly during the first half of the 20th century reaching 1   million inhabitants in

9401-482: The evening of 28 January 2019, a very rare strong EF4 tornado struck the eastern side of Havana . The tornado caused extensive damage, destroying at least 90 homes, killing four people and injuring 195. By 4 February the death toll had increased to six, with 11 people still in critical condition. The table lists temperature averages: The city is divided into 15 municipalities – or boroughs , which are further subdivided into 105 consejos populares (wards) By

9520-512: The final moments of Spanish presence in the Americas. The sinking of the U.S. battleship Maine in Havana's harbor in 1898 was the immediate cause of the Spanish–American War . Cuba's first presidential period under Tomás Estrada Palma from 1902 to 1906 was considered to uphold the highest standards of administrative integrity in the history of the Republic of Cuba. While Cuba had

9639-460: The first fortresses in the main cities – not only to counteract the pirates and corsairs, but also to exert more control over commerce with the West Indies, and to limit the extensive contrabando ( black market ) that had arisen due to the trade restrictions imposed by the Casa de Contratación of Seville (the crown-controlled trading house that held a monopoly on New World trade). Ships from all over

9758-420: The following: Trade and Environment; Trade and Development (Subcommittee on Least-Developed Countries ); Regional Trade Agreements ; Balance of Payments Restrictions; and Budget, Finance and Administration. There are working parties on the following: Accession. There are working groups on the following: Trade, debt and finance; and Trade and technology transfer. As of 31 December 2022, the number of WTO staff on

9877-599: The form of tariffs, and to improve the system, adopting a series of agreements on non-tariff barriers , which in some cases interpreted existing GATT rules, and in others broke entirely new ground. Because not all GATT members accepted these plurilateral agreements , they were often informally called "codes". (The Uruguay Round amended several of these codes and turned them into multilateral commitments accepted by all WTO members. Only four remained plurilateral (those on government procurement, bovine meat, civil aircraft, and dairy products), but in 1997 WTO members agreed to terminate

9996-559: The founding of Cuba's first cities, the island served as little more than a base for the Conquista of other lands. Havana began as a trading port, and suffered regular attacks by buccaneers , pirates, and French corsairs . The first attack and resultant burning of the city was by the French corsair Jacques de Sores in 1555. Such attacks convinced the Spanish Crown to fund the construction of

10115-534: The future of the Doha Round remained uncertain: the work programme lists 21 subjects in which the original deadline of 1 January 2005 was missed, and the round remains incomplete. The conflict between free trade on industrial goods and services but retention of protectionism on farm subsidies to domestic agricultural sectors (requested by developed countries ) and the substantiation of fair trade on agricultural products (requested by developing countries) remain

10234-515: The general council or ministerial conference an accession package, which includes a summary of all the working party meetings, the Protocol of Accession (a draft membership treaty), and lists ("schedules") of the member to be commitments. Once the general council or ministerial conference approves of the terms of accession, the applicant's parliament must ratify the Protocol of Accession before it can become

10353-583: The highest ratio of hospital beds to population in Latin America, around 80% of these beds were located in the city of Havana, there was only one rural hospital and it was equipped with only 10 beds. In July 1940, during World War II , the Havana Conference was held and 21 American nations, including the host country Cuba, agreed to govern their own territories that were occupied by the Axis powers . In 1958, Cuba

10472-471: The indigenous Taíno population was virtually wiped out by Eurasian diseases in the earliest period of the Spanish conquest. The Cuban government controls the movement of people into Havana on the grounds that the Havana metropolitan area (home to nearly 20% of the country's population) is overstretched in terms of land use, water, electricity, transportation, and other elements of the urban infrastructure. There

10591-457: The law of international development . The international trade law includes rules, regulations and customs governing trade between nations. International trade law is the tool used by the nation’s government for taking corrective actions against trade. International trade law focuses on applying domestic rules to international trade rules and applying treaty-based international trade law governing trade. The body of rules for transnational trade in

10710-608: The local economy is not as capable of producing more technical products such as pharmaceuticals. Cross-border operations are subject to taxation by more than one country. Commercial activity that occurs among several jurisdictions or countries is called a cross-border transaction. Those involved in any international business development or international trade should be knowledgeable in tax law , as every country enforces different laws on foreign businesses. International tax planning ensures that cross-border businesses stay tax compliant and avoid or lessen double taxation . Most prominent in

10829-565: The major developing countries on issues such as industrial tariffs and non-tariff barriers to trade particularly against and between the EU and the US over their maintenance of agricultural subsidies —seen to operate effectively as trade barriers. Repeated attempts to revive the talks proved unsuccessful, though the adoption of the Bali Ministerial Declaration in 2013 addressed bureaucratic barriers to commerce. As of June 2012 ,

10948-478: The major obstacles. This impasse has made it impossible to launch new WTO negotiations beyond the Doha Development Round. As a result, there have been an increasing number of bilateral free trade agreements between governments. As of July 2012 there were various negotiation groups in the WTO system for the current stalemated agricultural trade negotiation. Promotion of growth by facilitating trade

11067-419: The mediator between the nations when such problems arise. WTO could be referred to as the product of globalization and also as one of the most important organizations in today's globalized society. The WTO is also a center of economic research and analysis: regular assessments of the global trade picture in its annual publications and research reports on specific topics are produced by the organization. Finally,

11186-529: The mouth of the Almendares River . The town that became Havana originated adjacent to what was then called Puerto de Carenas (literally, " Careening Port"), in 1519. The quality of this natural bay, which now hosts Havana's harbor, warranted this change of location. Pánfilo de Narváez gave Havana – the sixth town founded by the Spanish on Cuba – its name: San Cristóbal de la Habana . The name combines San Cristóbal , patron saint of Havana. Shortly after

11305-622: The multilateral system of settling disputes instead of taking action unilaterally. The operation of the WTO dispute settlement process involves case-specific panels appointed by the Dispute Settlement Body (DSB), the Appellate Body , the Director-General and the WTO Secretariat, arbitrators, and advisory experts. The priority is to settle disputes, preferably through a mutually agreed solution, and provision has been made for

11424-521: The name derived from Habaguanex , who was a chief of the Native American tribe. His name is Taíno , an Arawakan language , but nothing else is known. When Habana was adapted into English, the ⟨b⟩ was switched to a ⟨v⟩ because of a linguistic phenomenon known as betacism , which is an assimilation of the voiced bilabial plosive and voiced labiodental fricative sounds that occurs in most modern Spanish dialects. Usage of

11543-446: The newer suburban districts. The city extends mostly westward and southward from the bay , which is entered through a narrow inlet and which divides into three main harbors: Marimelena, Guanabacoa and Antares . The Almendares River traverses the city from south to north, entering the Straits of Florida a few miles west of the bay. The city attracts over a   million tourists annually; (1,176,627 international tourists in 2010,

11662-525: The other provinces. There is only one political party, the Communist Party , but since there must be a minimum of two candidates, members of the Communist Party often run against each other. Candidates are not required to be members of the party. They are nominated directly by citizens in open meetings within each election district. Municipal Assembly delegates within the boroughs in turn elect members of

11781-420: The positive law of states, being considered normative. Currently, the new Lex Mercatoria has been prepared. The former Lex Mercatoria was generated in light of the characteristic demands of the time in question, including the values, culture, and future provisions of the time, whereas, the new one is recognized as having the responsibility of common international trade law. In 1995, the World Trade Organization ,

11900-410: The process to be conducted in an efficient and timely manner so that "If a case is adjudicated, it should normally take no more than one year for a panel ruling and no more than 16 months if the case is appealed... If the complainant deems the case urgent, consideration of the case should take even less time. WTO member nations are obliged to accept the process as exclusive and compulsory. According to

12019-470: The realm of global trade management. The World Trade Statistical Review has taken the place of the previously issued International Trade Statistics . As the WTO's premier source for annual trade data, it provides thorough analysis and statistics on the latest developments in world trade, proving to be an indispensable resource for global trade information. The WTO establishes a framework for trade policies; it does not define or specify outcomes. That is, it

12138-461: The return of the city of Havana on to Spain. After regaining the city, the Spanish transformed Havana into the most heavily fortified city in the Americas like Cartagena, Colombia a city that under the leadership of Blas de Lezo defeated a British invasion of 30,000 sailors. Construction began on what was to become the Fortress of San Carlos de la Cabaña , the third biggest Spanish fortification in

12257-551: The revolution the Chinese population counted to over 200,000, today, Chinese ancestors could count up to 100,000. Chinese born/ native Chinese (mostly Cantonese as well) are around 400 presently. There are some 3,000 Russians living in the city; as reported by the Russian Embassy in Havana, most are women married to Cubans who had studied in the Soviet Union. Havana also shelters other non-Cuban population of an unknown size. There

12376-475: The status of international legal texts. Member countries must sign and ratify all WTO agreements on accession. A discussion of some of the most important agreements follows. Havana Havana was founded by the Spanish in the 16th century. It served as a springboard for the Spanish conquest of the Americas , becoming a stopping point for Spanish galleons returning to Spain. Philip II of Spain granted Havana

12495-474: The title of capital in 1607. Walls and forts were built to protect the city. The city is the seat of the Cuban government and various ministries, and headquarters of businesses and over 100 diplomatic offices. The governor is Reinaldo García Zapata of the Communist Party of Cuba (PCC). In 2009, the city/province had the third-highest income in the country. Contemporary Havana can essentially be described as three cities in one: Old Havana , Vedado and

12614-545: The trade. This was a difficult thing to do since every country has a different economy size. This led to the Trade Expansion act of 1962. The World Trade Organization Trade-Related Aspects of Intellectual Property Rights ( TRIPS ) agreement required signatory nations to raise intellectual property rights (also known as intellectual monopoly privileges). This arguably has had a negative impact on access to essential medicines in some nations such as less developed countries, as

12733-452: The view that states first liberalize trade to join the GATT/WTO. Instead, democracy and foreign policy similarity encourage states to join." A country wishing to accede to the WTO submits an application to the General Council, and has to describe all aspects of its trade and economic policies that have a bearing on WTO agreements. The application is submitted to the WTO in a memorandum which

12852-607: The wake of other new multilateral institutions dedicated to international economic cooperation—such as the World Bank (founded 1944) and the International Monetary Fund (founded 1944 or 1945). A comparable international institution for trade, named the International Trade Organization never started as the U.S . and other signatories did not ratify the establishment treaty, and so GATT slowly became

12971-466: The word Havana in literature understandably peaked during the Spanish–American War , but it also represents a type of cigar, a color, and a type of rabbit as well as the city. Havana is the prevailing name for the city found in English-language dictionaries. Diego Velázquez de Cuéllar founded Havana in 1514, on the southern coast of the island, near the present town of Surgidero de Batabanó on

13090-474: The world-famous Habanos cigars. Although the harbors of Cienfuegos and Matanzas , in particular, have been developed under the revolutionary government, Havana remains Cuba's primary port facility; 50% of Cuban imports and exports pass through Havana. The port also supports a considerable fishing industry. In 2000, nearly 89% of the city's officially recorded labor force worked for government-run agencies, institutions or enterprises. Havana, on average, has

13209-484: Was a relatively well-advanced country by Latin American standards, and in some cases by world standards. On the other hand, Cuba was affected by perhaps the largest labor union privileges in Latin America, including bans on dismissals and mechanization. They were obtained in large measure "at the cost of the unemployed and the peasants", leading to disparities. Between 1933 and 1958, Cuba extended economic regulations enormously, causing economic problems. Unemployment became

13328-574: Was assigned an official rating of EF4 on the Enhanced Fujita scale by the Cuban Meteorology Institute, making this the first F4 or EF4 tornado in Cuba since 1940. The governor is Reinaldo García Zapata , he was elected on 18 January 2020. The city is administered by a city-provincial council, with a governor as chief administrative officer, thus Havana functions as both a city and a province of Cuba. The city has little autonomy and

13447-416: Was criticised by Professor Julius Stone. and lex maritime – "the law for merchants on sea. Alok in his recent article criticised this definition to be "too narrow" and "merely-creative". Professor Dodd and Professor Malcolm Shaw of Leeds University supported this proposition. The Lex Mercatoria is the grouping of legal rules that guide and underlie international trade, which acts totally independently of

13566-553: Was due to be held in Nur-Sultan , Kazakhstan, in June 2020 but was canceled because of the COVID-19 pandemic . It was later held in Geneva , Switzerland from 12–17 June 2022. The Thirteenth Ministerial Conference (MC13) was held in Abu Dhabi , U.A.E. on 26–29 February 2024, and extended to Friday 1 March 2024 to complete deliberations. The WTO launched the current round of negotiations,

13685-550: Was straining to adapt to a globalizing world economy. In response to problems identified in the 1982 Ministerial Declaration (structural deficiencies, spill-over impacts of certain countries' policies on world trade which GATT could not manage, etc.), a meeting in Punta del Este , Uruguay, launched the eighth GATT round—known as the Uruguay Round—in September 1986. In the biggest negotiating mandate on trade ever agreed,

13804-694: Was that of Vanuatu, whose Working Party on the Accession of Vanuatu was established on 11 July 1995. After a final meeting of the Working Party in October 2001, Vanuatu requested more time to consider its accession terms. In 2008, it indicated its interest to resume and conclude its WTO accession. The Working Party on the Accession of Vanuatu was reconvened informally on 4 April 2011 to discuss Vanuatu's future WTO membership. The re-convened Working Party completed its mandate on 2 May 2011. The General Council formally approved

13923-462: Was that of the Kyrgyz Republic , while the longest was that of Russia, which, having first applied to join GATT in 1993, was approved for membership in December 2011 and became a WTO member on 22 August 2012. Kazakhstan also had a long accession negotiation process. The Working Party on the Accession of Kazakhstan was established in 1996 and was approved for membership in 2015. The second longest

14042-519: Was the most important of the Spanish ports because it had facilities where ships could be refitted and, by 1740, it had become Spain's largest and most active shipyard and only drydock in the New World. The city was captured by the British during the Seven Years' War . The episode began on 6 June 1762, when at dawn, a British fleet, comprising more than 50 ships and a combined force of over 11,000 men of

14161-507: Was used for transporting sugar from the valley of Güines to the harbor. With this, Cuba became the fifth country in the world to have a railroad, and the first Spanish-speaking country. Throughout the century, Havana was enriched by the construction of additional cultural facilities, such as the Tacón Theatre , one of the most luxurious in the world. The fact that slavery was legal in Cuba until 1886 led to Southern American interest, including

#139860