- MFN: Ensures non-discrimination, preventing preferential treatment among trading partners.
- National Treatment: Ensures imported goods/services are not discriminated against once inside the market.
- Free Trade: Gradually lowers trade barriers, encouraging more trade.
- Binding Commitments: Provides predictability and confidence that trade policies won’t change suddenly.
- Transparency: Ensures members know trade rules and decisions, reducing uncertainty.
- Single Undertaking: Ensures comprehensive adherence to all trade rules.
- Together, these principles create a stable, predictable, and non-discriminatory environment for international commerce.