en

concession

2

Terminological databases

EKI terminibaas Esterm

ID 684147 Last modified 30.12.2004
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Domain customs
  • rendileping, millega riik annab mõnele välisfirmale õiguse arendada oma territooriumil teatavat laadi majandustegevust, mis ilma sellise lepinguta oleks antud riigi territooriumil kehtivate seadustega keelatud, kas üldse või vähemalt välisriikide kodanikele. Kontsessioonide andmine ja tühistamine kuulub riigi suveräänsete õiguste hulka.
  • In GATT terms, the granting of improved access to a country's market in return for better access in export markets
  • a government grant for specific privileges
Good to know
  • FI: myönnytys [T40159] DE: Zugeständnis [T30131] FR: concession [T30131]
concession
Usage examples
  • The DSB shall have the authority to establish panels, adopt panel and Appellate Body reports, make recommendations or give rulings on the matter, maintain surveillance of implementation of rulings and recommendations, and authorize suspension of concessions and other obligations under this Agreement or consultations regarding remedies when withdrawal of measures found to be in contravention of the Agreement is not possible provided that only Members of the WTO Party to this Agreement shall participate in decisions or actions taken by the DSB with respect to disputes under this Agreement.
  • The WTO Agreement gives any affected exporting Member the right to suspend the application of substantially equivalent concessions or other obligations, provided the WTO Council for Trade in Goods does not disapprove.

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