Principle of reciprocity

Mutual or corresponding transfer of benefits or privileges

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The principle of reciprocity, also known as the principle of reciprocity, is WTO One of the most important principles. It refers to that two members give each other trade preferential treatment 。

Chinese name: Principle of reciprocity
Foreign name: Reciprocity

Reciprocal interpretation: Mutual or corresponding transfer of benefits or privileges
Misunderstandings: be easy to get along with Principle of non discrimination confusion

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Conceptual explanation

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Reciprocity is the mutual or corresponding transfer of benefits or privileges. It serves as a basis for establishing business relations between the two countries. stay international trade In China, reciprocity means that two countries give each other preferential treatment in trade. It has two aspects of significance: on the one hand, it not only clarifies that each State party Tariff negotiation The basic positions that China and the United States should adopt also include State party What kind of trade relationship should be established between them; On the other hand, from GATT In the past eight rounds of negotiations, the principle of reciprocity is the basis of negotiations, and its role is also to mutual benefit Based on.

(Mistake: easy to communicate with Principle of non discrimination Confusion.)

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