Urgency Of World Trade Organizations (WTO) In Trade Relationship Between States

DOI

10.2991/icss-19.2019.136How to use a DOI?

Keywords

Urgency; WTO; trade; between countries

Abstract

The World Trade Organization (WTO) is an international body that regulates trade problems between countries and encourages an orderly and fair trade. In carrying out its duties; the WTO applies several principles which are the pillars of the WTO. One of the main objectives of the WTO is to try to reduce or eliminate trade barriers. Basically developed countries are those who benefit most from trade liberalization because developed countries have advantages in various things that are not owned by developing countries while developing countries are weak parties in the liberalization of this trade. For countries that are ready; free trade can be an advantage because their products can get new markets without boundaries; but not with countries that are not ready. The enactment of free trade may be a burden on the domestic industrial sector. The existence of the WTO is expected to provide guarantees for the State to prosper its domestic industry; but the fact is that increasing free trade does not increase welfare and development for developing countries and poor countries. In this paper; we discuss how the WTO policy and the implementation of WTO policies for developing countries. The type of research used in this study is normative legal research that examines the juridical aspects with the regulatory approach (Statue Aproach); which is to examine the problems based on WTO provisions relating to trade policies for developing countries. The results of this study stated that the WTO has provided special provisions and privileges to developing countries called Special and Differential Treatment. Thus developing countries have different treatment with developed countries in the field of trade. The implementation of a special policy made by the WTO for developing countries is one of them is Indonesia; which has ratified a special policy made by the WTO into Republic of Indonesia Law Number 17 of 2006 concerning Customs

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Indien Winarwati
PY  - 2019/11
DA  - 2019/11
TI  - Urgency Of World Trade Organizations (WTO) In Trade Relationship Between States
BT  - Proceedings of the International Conference on Social Science 2019 (ICSS 2019)
PB  - Atlantis Press
SP  - 532
EP  - 535
SN  - 2352-5398
UR  - https://doi.org/10.2991/icss-19.2019.136
DO  - 10.2991/icss-19.2019.136
ID  - Winarwati2019/11
ER  -