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ASSEMBLY’S LEGAL COMMITTEE COMMENDS INTERNATIONAL TRADE LAW BODY FOR EFFORTS ON SECURED FINANCING, BETTER ACCESS TO ... (2216 words) |
 | On the responsibility of international organizations, he said articles concerning the circumstances precluding wrongfulness closely followed the draft articles on state responsibility. However, his delegation shared the doubts of others concerning such conformity and it was important to consider differences among international organizations. |
| She said that, as currently written, draft article 28 (international responsibility in case of provision of competence to an international organization), seemed to have considerable scope; in her view, a tighter framework would be desirable in defining the responsibility of a member state of the organization. |
| On the first question from the Commission, she said the position of Belarus was that compensation for the damage should be considered as a consequence of a commitment of an internationally wrongful act, and as an establishment of responsibility. |
| international trade: Information from Answers.com (3855 words) |
| Trading activities are directly related to an improved quality of life for the citizens of nations involved in international trade. |
| International trade is also a branch of economics, which, together with international finance, forms the larger branch of international economics. |
| Free trade is usually most strongly supported by the most economically powerful nations in the world, though they often engage in selective protectionism for those industries which are politically important domestically, such as the protective tariffs applied to agriculture and textiles by the United States and Europe. |
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