Marrakesh Agreement Wto

The WTO can also provide a forum for further negotiations among its members on their multilateral trade relations and a framework for the implementation of the results of these negotiations, as may be decided by the Ministerial Conference. (5) There is a Council for Trade in Goods, a Council for Trade in Services and a Council on Trade-Related Aspects of Intellectual Property Rights (hereinafter referred to as the ”TRIPS Council”) acting under the general direction of the General Council. The Council for Trade in Goods monitors the operation of the multilateral trade agreements listed in Annex 1A. The growth of international trade has given rise to a complex and ever-increasing primary law, including international treaties and agreements, domestic legislation and jurisprudence on the settlement of trade disputes. The agreements and associated legal instruments listed in Annex 4 (hereinafter referred to as `plurilateral trade agreements`) are also linked to the Members which adopted them and to their Members. Plurilateral trade agreements do not create obligations or rights for members who have not accepted them. . . .