Reevaluating AGOA as a Preferential Scheme and the Path to Follow: From Ethiopia’s Perspective
Posted: 29 November, 2021 Filed under: Meaza Haddis Gebeyehu | Tags: African Growth and Opportunity Act, AGOA, Ethiopia, Generalized System of Preferences, GSP, international trade relations, LDCs, legal instability, non-reciprocity principle, political compromise, preferential schemes, regional trade systems, S&D, Special and Differential Treatment, WTo Leave a comment
Author: Meaza Haddis Gebeyehu
Lecturer, Hawassa University, School of Law
One of the positive impacts of economic globalization is the shift of most, although not all, international trade relations into a rule-based, secure and institutionalized system instead of an arbitrary one. WTO and modern-time RTAs are the results of a long-term process since the 1940s which can be taken as a major step for the systematic regulation of international trade as a continuation of the structure from GATT 1947.
Eight rounds of negotiations took place during the GATT 1947 regime[1] during which the economic interests of most developing and least developed countries were underrepresented or totally ignored as the major parties to the negotiations were developed nations. Hence, developing and LDCs are left with the only choice of complying with the already established rules if they wish to be integrated into the multilateral system.
Parallel Rules: Overlap of Jurisdiction of Regional Trade Agreements (RTAs) with World Trade Organisation (WTO)
Posted: 16 November, 2021 Filed under: Meaza Haddis Gebeyehu | Tags: adjudicatory power, choice of forum agreements, dispute resolution mechanism, dispute settlement process, dispute settlement system, disputes, Doha Development Round, exclusive jurisdiction agreements, forum agreements, multilateral arrangement, preference agreements, Regional Trade Agreements, RTAs, trade rules, World Trade Organization, WTo Leave a commentAuthor: Meaza Haddis Gebeyehu
Lecturer, Hawassa University, School of Law
It is very interesting how RTAs have increased in number and scope in recent years as manifestation of the new tendency towards regionalism at the expense of WTO’s multilateral arrangement. As of 15 October 2021, the WTO received 568 notifications of RTAs from its members and currently 350 RTAs are in force.[1] RTAs and their reciprocal preferential trade rules are in principle against WTO’s non-discrimination principles but they constitute one of the authorised exemptions under WTO.
The fact that the Doha Development Round as a major multilateral trade negotiation under WTO has deadlocked for more than a decade gave RTAs the opportunity to be taken as important alternatives.[2] RTAs have proliferated not only in number but in the regions they cover and in the sectors of trade they apply to as well.[3] The rapid growth in the number of RTAs in recent years created two phenomena: (i) it undermines WTO’s non-discrimination principle as RTAs establish preferential rules among member states and hence generate the ‘spaghetti bowl’; and (ii) RTAs often institutionalise their dispute settlement mechanisms to address disputes arising with regard to the applications of these agreements. The possibility of potential conflicts of jurisdiction between the respective dispute settlement mechanisms might arise as RTAs include separate dispute settlement rules to deal with obligations of parties under these RTAs that are parallel or even similar to their obligations under the WTO covered agreements.[4]
Why and how Africa should extend its network of double taxation treaties with China
Posted: 17 March, 2014 Filed under: Eric Ntini Kasoko | Tags: BITs, Double taxation, DTTs, FDI, MNCs, OECD, UN model, WTo Leave a comment
Author: Eric Ntini Kasoko
PhD candidate, University of Liege (Belgium)
There are currently over three thousand double taxation treaties (DTTs) worldwide. DTTs are agreements between two states that are designed to relieve international double taxation and prevent fiscal evasion with respect to taxes on income. Double taxation occurs when the same income is subject to two, or even more, taxing jurisdictions, which may result in an impediment to cross-border trade and investment.
When concluding a DTT, the two sovereign states involved draw inspiration mainly from the OECD Model Tax Convention on income and capital (OECD Model). However, DTTs can also be based on the so-called UN Model, which is supposed to be a suitable framework for DTTs between developing countries and developed countries. Since DTTs have been traditionally viewed as one means of increasing the movement of foreign direct investment (FDI) to the developing world, African countries would find it advantageous, at least prima facie, to multiply such agreements with a country like China.
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