A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
When a concession is first negotiated bilaterally between two countries, the negotiation takes place between the importing country and the country having an interest in the products to be negotiated. If the interested or negotiating country obtains a concession, this concession applies to all WTO Members under the principle of the most favoured nation (MFN) treatment. The negotiating country is recorded in the WTO schedule as holding an initial negotiating right (INR) on the tariff item. A country holding an INR on an item does not have to be among the principal suppliers to enter into negotiations with the importing country under Article XXVIII of the GATT 1994 or in subsequent round of tariff negotiations. For the same product there could be several countries holding INRs. (See also Floating INRs and Historical INRs)