Wto Agreement On Trade In Civil Aircraft

By 2021-04-16Okategoriserade

Mr. Cunningham and Mr. Lichtenbaum have been partners with Steptoe-Johnson LLP in Washington, D.C and have advised The Boeing Company and Bombardier Inc. on certain international trade issues. Mr. Lichtenbaum has since left the company to become Assistant Secretary of Commerce for Export Administration. The views presented are the authors` own and should not be considered as an explanation of the opinions of one of their clients or the U.S. Department of Commerce. The authors thank Yves Botteman for his support. Brief information on the Multilateral Civil Aircraft Trade Agreement Links to the Civil Aircraft Section of the WTO Guide On the Basis of the WTO. 2.2 Each signatory adopts: (a) a system of final use of the customs administration or adapts it to fulfil its obligations under Article 2.1; (b) ensure that its end-use system provides duty-free or duty-free treatment, comparable to that granted by other signatories, and is not an obstacle to trade; and (c) to inform other signatories of their end-use system management procedures. recognising their obligations and rights under the general agreement on tariffs and trade, known as THE GATT, and suggesting other multilateral agreements negotiated under the GATT; machines and mechanical devices with individual functions that are not mentioned or included elsewhere in Chapter 84: non-electric starter motors; Propeller regulators, non-electric; servo mechanisms, non-electric; non-electric windshield wipers; hydropneumatic accumulators; Inflatable starters for turboprops, turboprops or other gas turbines; sanitary units specifically designed for aircraft; Mechanical actuators for thrust reversals; The European UNION is the target of about half of Britain`s aerospace exports19 The WTO agreement on civil aircraft trade removes tariffs on aircraft and most aircraft components and, as a result, the industry is not concerned about the introduction of customs barriers after Brexit.

However, the aerospace sector is concerned about the non-tariff barriers that may arise in the context of trade between the UK and the EU20. In addition to the regulatory divergence that will be addressed in the next chapter, these consist mainly of all customs regimes at the new border between the UK and the EU, including additional administrative requirements and delays in crossing the border.