Published in 1997, in this book an attempt has been made to analyze the legal structure of GATT and the WTO as well as those agreements which control trade in textiles. One of the GATT’s major failures was its inability to come into line with the new economic reality and the needs of those states who created this system for controlling international trade. Trade in textiles was an excellent example of this. Now, the WTO aims to overcome this problem thanks to its greater pragmatism and its search for solutions to free trade difficulties. The WTO is not, however, the perfect solution. Its highly political character allows room for improvement even though the key to its success still lies with the effective cooperation of member states. As for the textile sector, this new panorama for trade in goods provides it with a new opportunity to finally return to the general legal framework in the year 2005.
Table of Contents
Part 1: The Background to International Trade in Textiles 1. The Historical and Legal Framework for International Trade 2. The Birth of a Special System for Textiles Part 2: The Compatibility Between the Objectives and Principles of the MFA with the GATT Legal System 3. The Aims and Objectives of GATT and the MFA 4. The Legal Principles which Underlie Both Treaties Part 3: A Comparison on the Mechanisms for Trade Within both Legal Frameworks 5. General Rules Directed Towards Achieving the Liberalization of Trade 6. Exceptions of Liberalization in Both Systems Part 4: The Capacity of GATT and the MFA to react to Changing Circumstances 7. GATT’s Answer to the Crisis of the 1970s and 1980s 8. The Multifibre Arrangements as Alternative Solutions to Deficiencies within the GATT System Part 5: The Uruguay Round: Reintegration of Textiles into the General System Through the WTO 9. A New Order for International Trade as Necessary Guarantee for a Real Integration of Textiles 10. The Final Agreement in the Textile Sector: Prospects for the Future.