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ACP-African, Caribbean and Pacific countries. preferential tariffs to imports from developing Group of 71 countries with preferential tradin countries elation with the eu under the former Lom? Treaty HLM-WTO High-Level Meeting for LDCs, held now called the Cotonou Agreement. in October 1997 in Geneva Andean Community -Bolivia, Colombia, ITC-The International Trade Centre, originally Ecuador. Peru and venezuela. established by the old GATT and is now operated APEC-Asia Pacific Economic Cooperation jointly by the wTo and the un, the latter acting through UNCTAD Focal point for technical cooperation on trade promotion of developing The seven AsEAN members of the WTo- Brunei,countries Indonesia, Malaysia, Myanmar, the Philippines, LDCs-Least-developed countries Singapore and Thailand-often speak in the WTo MERCOSUR-Argentina, Brazil, Paraguay and as one group on general issues. The other AsEAN members are Laos and vietnam NAFTA- North American Free Trade Agreement Caricom-The Caribbean Community and of Canada, Mexico and the us. comprises 15 countri Quad--Canada, EC, Japan and the United States CTD-The Wto Committee on Trade and SACU- Southern african Customs unio comprising Botswana, Lesotho, Namibia, South Customs union- Members apply a common Africa and swaziland external tariff(e. g. the eC) S&D-"Special and differential treatment EC-European Communities(official name of the provisions for developing countries. Contained in European Union in the WTO) several WTO agreements EFTA- European Free Trade Association. UNCITRAL-United Nations Centre for free trade area-Trade within the group is duty nternational Trade Law. drafts model laws such free but members set own tariffs on imports from non-members(e.g. NAFTA). UNCTAD- The un Conference on Trade and G15- Group of 15 developing countries acting as Development the main political organ for the Non-Aligned Movement Trade and environment G77-Group of developing countries set up in Agenda 21- The Agenda for the 2lst Century 964 at the end of the first UNCTAD(originally 77, a declaration from the 1992 Earth Summit(UN but now more than 130 countries ). Conference on the Environment and Development) G7-Group of seven leading industrial countries held in rio de janeiro Canada, France, Germany, Italy, Japan, United Article XX- GATT Article listing allowed GRULAC-Informal group of Latin-American Basel Convention -An MEA dealing with members of the wto GSP--Generalized System of Preferences BTA- programmes by developed countries granting CITES -Convention on International Trade in45 ACP —African, Caribbean and Pacific countries. Group of 71 countries with preferential trading relation with the EU under the former Lom? Treaty now called the Cotonou Agreement. Andean Community — Bolivia, Colombia, Ecuador, Peru and Venezuela. APEC — Asia Pacific Economic Cooperation forum. ASEAN — Association of Southeast Asian Nations. The seven ASEAN members of the WTO — Brunei, Indonesia, Malaysia, Myanmar, the Philippines, Singapore and Thailand — often speak in the WTO as one group on general issues. The other ASEAN members are Laos and Vietnam. Caricom — The Caribbean Community and Common Market comprises 15 countries. CTD — The WTO Committee on Trade and Development Customs union — Members apply a common external tariff (e.g. the EC). EC — European Communities (official name of the European Union in the WTO). EFTA — European Free Trade Association. free trade area —Trade within the group is duty free but members set own tariffs on imports from non-members (e.g. NAFTA). G15 — Group of 15 developing countries acting as the main political organ for the Non-Aligned Movement. G77 — Group of developing countries set up in 1964 at the end of the first UNCTAD (originally 77, but now more than 130 countries). G7 — Group of seven leading industrial countries: Canada, France, Germany, Italy, Japan, United Kingdom, United States. GRULAC — Informal group of Latin-American members of the WTO. GSP — Generalized System of Preferences — programmes by developed countries granting preferential tariffs to imports from developing countries. HLM —WTO High-Level Meeting for LDCs, held in October 1997 in Geneva. ITC — The International Trade Centre, originally established by the old GATT and is now operated jointly by the WTO and the UN, the latter acting through UNCTAD. Focal point for technical cooperation on trade promotion of developing countries. LDCs — Least-developed countries. MERCOSUR — Argentina, Brazil, Paraguay and Uruguay. NAFTA — North American Free Trade Agreement of Canada, Mexico and the US. Quad — Canada, EC, Japan and the United States. SACU — Southern African Customs Union comprising Botswana, Lesotho, Namibia, South Africa and Swaziland. S&D — “Special and differential treatment” provisions for developing countries. Contained in several WTO agreements. UNCITRAL — United Nations Centre for International Trade Law, drafts model laws such as the one on government procurement. UNCTAD — The UN Conference on Trade and Development. Trade and environment Agenda 21 — The Agenda for the 21st Century — a declaration from the 1992 Earth Summit (UN Conference on the Environment and Development) held in Rio de Janeiro. Article XX — GATT Article listing allowed “exceptions” to the trade rules. Basel Convention — An MEA dealing with hazardous waste. BTA — Border tax adjustment CITES — Convention on International Trade in
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