Modalities are the formulas, targets, or specific measures used to accomplish objectives in trade negotiations. An example of modalities in the current
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation
in the United Nations System, governments use the organization to establish, revise, and ...
agriculture negotiations would be a percentage phase-out over a specified time period of agricultural export subsidies or the use of the
Swiss formula for tariff reduction and harmonization.
These modalities can cover a wide range of topics, including the format and structure of the negotiations, the schedule for meetings and deadlines, the roles and responsibilities of the various parties involved, and the rules for resolving disputes. The goal of establishing modalities in trade negotiations is to provide a clear framework for the discussions and help ensure that the negotiations proceed in an orderly and productive manner.
References
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International trade
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