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Glossary of terms for users of the WTO Quantitative Restrictions Website
General information

The QR Glossary intends to provide support material for users of the QR website. It covers terms specific to the QR website, as well as terms applying to customs tariffs and international trade in goods. It was prepared by the Market Access Division Secretariat under its own responsibility and without prejudice to the positions of Members and to their rights and obligations under the WTO.

 

The glossary has been compiled from both Secretariat and external sources.  While every effort has been made to ensure the accuracy of the information, the Secretariat accepts no responsibility for any errors or omissions in the material provided. In some instances, material from external sources has been changed slightly for editing purposes.

 

The term "country" in the glossary does not imply an expression of opinion by the WTO Secretariat concerning the status of any country, territory or area or the delimitation of its frontiers, or the rights and obligations of any WTO Member in respect of WTO agreements.


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QR Decision

Decision contained in document G/L/59/Rev.1, and adopted by the Council for Trade in Goods on 22 June 2012 in which procedures to notify quantitative restrictions are established. Under this Decision, Members are required to notify, biennially, all QRs in force. Changes should be notified as soon as possible, but not later than six months from their entry into force. The Decision allows Members to make reverse notifications.



Quantitative restriction (QR)
Specific limits on the quantity or value of goods that can be imported (or exported) during a specific time period.

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