LAWS 354 International Trade Law 2020
Selected GATT Provisions
Article I: General Most-Favoured-Nation Treatment
1. With respect to customs duties and charges of any kind imposed on or in connection with
importation or exportation or imposed on the international transfer of payments for imports or exports,
and with respect to the method of levying such duties and charges, and with respect to all rules and
formalities in connection with importation and exportation, and with respect to all matters referred to in
paragraphs 2 and 4 of Article III,* any advantage, favour, privilege or immunity granted by any
contracting party to any product originating in or destined for any other country shall be accorded
immediately and unconditionally to the like product originating in or destined for the territories of all
other contracting parties.
Article II: Schedules of Concessions
1. (a) Each contracting party shall accord to the commerce of the other contracting parties
treatment no less favourable than that provided for in the appropriate Part of the appropriate Schedule
annexed to this Agreement.
(b) The products described in Part I of the Schedule relating to any contracting party, which
are the products of territories of other contracting parties, shall, on their importation into the territory to
which the Schedule relates, and subject to the terms, conditions or qualifications set forth in that
Schedule, be exempt from ordinary customs duties in excess of those set forth and provided therein.
Such products shall also be exempt from all other duties or charges of any kind imposed on or in