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General Agreement on Tariffs and Trade, also known as GATT, was a multilateral agreement aimed at regulating international trade. It was first signed in 1947 in Geneva, Switzerland, to reduce trade barriers and promote free trade among member countries. GATT was replaced by the World Trade Organization (WTO) in 1995, which continues to build upon the principles of GATT.

In French, GATT is known as the “Accord Général sur les Tarifs Douaniers et le Commerce” or “AGTC.” The agreement was signed by 23 countries, including France, and aimed to reduce tariffs on goods traded between member countries. Over time, additional rounds of negotiations were held, resulting in further reductions in tariffs and the inclusion of new areas, such as services and intellectual property.

The most significant achievement of GATT was the reduction of tariffs. Tariffs are taxes governments place on imported goods to protect domestic industries. While tariffs may be intended to help local businesses, they often result in higher prices for consumers and reduced competition, leading to economic inefficiency. GATT`s reduction of tariffs allowed for increased trade between member countries, resulting in lower prices and more choices for consumers.

In addition to reducing tariffs, GATT also established a mechanism for resolving disputes between member countries. This mechanism was designed to promote peaceful resolution of trade-related conflicts that could arise between nations. The dispute resolution process included consultations between the countries involved, followed by a panel of experts ruling on the case, with the possibility of appeal to a higher court.

GATT also included provisions for non-discrimination, meaning that member countries could not discriminate against goods or services from other member countries. This principle was meant to encourage fair competition and prevent protectionist policies that could harm trade.

In conclusion, GATT was an essential agreement that helped to open up international trade and promote economic growth. While it has been replaced by the WTO, many of its principles and achievements continue to shape global trade today. As a French speaker, you can refer to GATT as AGTC and appreciate its contributions to modern trade and commerce.

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In Saudi Arabia, a formal employment contract is a necessity for both employers and employees. This document acts as a legal agreement between both parties, outlining the terms and conditions of employment.

The format of the employment contract in Saudi Arabia typically follows a certain structure. It is important to note that, while there is no official template for the document, there are certain elements that should be included in it.

Firstly, the employment contract should clearly state the full name and address of both the employer and employee. The job title and duties of the employee should also be outlined in detail, along with the start date and duration of employment.

The contract should also state the working hours, including the number of hours per day and the number of days per week. It should also specify the location of work and any necessary travel or relocation requirements.

One of the most important elements that should be included in the employment contract is the compensation package. This should cover the employee`s salary, any bonuses, and any other benefits that they are entitled to, such as health insurance or pension contributions.

Other key elements that should be included in the employment contract are probationary periods, notice periods, and termination clauses. The contract should also clearly state any disciplinary procedures and grievance mechanisms that are in place.

Finally, there should be a section in the employment contract that outlines any confidentiality or non-disclosure agreements that the employee may be required to adhere to.

When it comes to formatting the employment contract, it is important to maintain a professional appearance. The document should be typed in a clear and legible font, and should be structured using clear headings and subheadings.

In addition, if the employment contract is being sent via email, it is recommended that it is saved in a PDF format. This will help to ensure that the document is not altered or amended in any way.

Overall, a well-written and structured employment contract is a vital part of any employment agreement in Saudi Arabia. Employers and employees alike should ensure that they fully understand the contents of the document before signing it, in order to avoid any confusion or disputes in the future.