Further, competition from imports to restrain inflation and access to imported supplies for production would both be improved by taking away quantitative restrictions and reducing tariff rates.
32.
Camdessus argued that India needs to wipe out its remaining quantitative restrictions on consumer goods imports and continue lowering import tariffs to make its economy more competitive.
33.
GATT 1947 prohibited investment measures that violated the principles of national treatment and the general elimination of quantitative restrictions, but the extent of the prohibitions was never clear.
34.
But the question remains whether such a possibility is sufficient to characterize the legislation in question as a measure having equivalent effect to a quantitative restriction on imports.
35.
Garment board officials said the new U . S . offer would ease quantitative restrictions on children's and infant wear, the Philippines'strongest niche in the U . S . market.
36.
Article 56 of the Caribbean Community Treaty of 1973 imposed quantitative restrictions on imports from more developed countries to promote industrial development in the less developed countries in the 13-member CARICOM.
37.
The Court has consistently held that any measure which is capable of directly or indirectly, actually or potentially, hindering intra-Community trade constitutes a measure having equivalent effect to a quantitative restriction.
38.
He said India had asked for seven years to phase out quantitative restrictions as required by WTO rules but Australia and the other complainants were arguing that this was too long.
39.
Since the onset of the turbulence in the financial markets in July 1997, the monetary policy was tightened progressively through a combination of interest rate policy, prudential measures and quantitative restrictions.
40.
In 1948, the US signed the General Agreement on Tariffs and Trade ( GATT ), which reduced tariff barriers and other quantitative restrictions and subsidies on trade through a series of agreements.
