Study of Trade Related Investment Measures Agreement (TRIMs) and Legal Effects of Iran Accession to it

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Abstract

Agreement on Trade Related Investment Measures (TRIMs) as one of the WTO Agreements, prevents the member states from the restrictive legal, administrative and economic measures against foreign investors and from giving special advantages to domestic investors after entrance of foreign invests. Therefore, WTO members cannot bind foreign investors to provide a part of their labor force and equipment from domestic section. In addition, they cannot provide quantitative restrictions on export and import. In Iranian legal system, there are many regulations contrary to principles and rules of TRIMs; therefore, the legislator must eliminate or amend these regulations for accession to WTO. In this article, we study TRIMs principles, contrastable regulations of Iranian Law and suitable solutions.