CHAPTER 5

The World Trade Organization and Its Telecommunications-Related Agreements

THE CREATION OF THE WORLD TRADE ORGANIZATION (WTO) IN 19941 likely will prove to be one of the most significant events in telecommunications history. Its agreements affecting telecommunications equipment and services have completely changed the structure of worldwide telecommunications and opened previously closed markets to new players. The WTO agreements provide the trade rules and regulations that will enable modern telecommunications to be used throughout the world, establishing the infrastructure and services required for the global, converged, broadband Internet Age.

As a result of the WTO agreements, worldwide sales of telecommunications equipment and ...

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