Enabling clause

From Wikipedia, the free encyclopedia

In 1979, as part of the Tokyo Round of the GATT, the enabling cause was adopted in order to provide a legal basis for extending the Generalized System of Preferences (GSP) beyond the original 10 years. In practice it gave a permanent validity to the GSP.

[edit] Source

Nigel Grimwade, International Trade Policy: a contemporary analysis (London 1996)