Monday, January 10, 2011

The Birth of Global Market

THE WORLD TRADE ORGANISATION

Government Procurement




The Final Act contains an agreement related to accession procedures to the Government Procurement Agreement which is designed to facilitate the membership of developing countries. It envisages consultations between the existing members and applicant governments. These would be followed by the establishment of accession working parties to examine the offers made by applicant countries (in other words, the public entities whose procurement will be opened up to international competition) as well as the export opportunities for the applicant country in the markets of existing signatories.



This agreement should be distinguished from the new Agreement on Government Procurement.

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