Go to Statistics Portal

TARIFF BINDING

Statistics Directorate    
Definition:
Commitment not to increase a rate of duty beyond an agreed level. Once a rate of duty is bound, it may not be raised without compensating the affected parties.

Source Publication:
Doha World Trade Organisation Ministerial: Glossary of Terms.

Hyperlink:
http://www.wto.org/wto/english/thewto_e/minist_e/min01_e/brief_e/brief22_e.htm#_Toc528136428

Statistical Theme: International trade statistics

Created on Wednesday, August 14, 2002