Legal aspects of foreign trade
An enabling regulatory framework is essential in order to benefit from opportunities in international trade. ITC assists policy makers in harmonizing regulation within regional frameworks, assists trade support institutions in improving the legal services they provide to SMEs and provides enterprises with access to tools to facilitate international transactions.
ITC assists policy-makers and trade promotion organizations in optimizing their country legal framework on international trade and harmonizing national with regional frameworks. The organization provides policymakers with easy access to a centralized database of treaties, international conventions and instruments to facilitate multilateral trade engagements through the LegaCarta tool. Trade support institutions benefit from institutional development and training to improve the arbitration and mediation services they provide to enterprises. The needs of SMEs are also targeted through a series of standardized model contracts and negotiating tools for enterprises, and simple user guides for day-to-day international transactions.
ITC has become the lead agency in identifying and understanding non-tariff obstacles to trade from the private-sector perspective. The organization’s NTM surveys and reports provide a neutral, external perspective to identify areas in need of improvement in a country’s internal business environment, as well as obstacles faced in foreign markets. Capacity building for local survey specialists on the NTM classification and survey method is an important component of this project. Data from these surveys are made available through ITC’s trade intelligence tools. The findings of the NTM surveys and reports will increasingly be used by development partners and ITC to improve the efficiency of institutions and contribute to export development. Report findings are used by some partner countries in their negotiations with trading partners in an attempt to reduce the NTMs its businesses face.
Arbitration and mediation: http://www.intracen.org/trade-support/arbitration-and-mediation/
Model contracts: http://www.intracen.org/exporters/contract-templates/
LegaCarta database of multilateral trade treaties: www.legacarta.net
Non-Tariff Measures: http://www.intracen.org/policy/non-tariff-measures/