VRA, VER, OMA — Voluntary restraint arrangement, voluntary export restraint, orderly marketing arrangement. Bilateral arrangements whereby an exporting country （government or industry） agrees to reduce or restrict exports without the importing country having to make use of quotas, tariffs or other import controls.
Textiles and clothing
ATC — The WTO Agreement on Textiles and Clothing which integrates trade in this sector back to GATT rules within a ten-year period.
carry forward — When an exporting country uses part of the following year's quota during the current year.
carry over — When an exporting country utilizes the previous year's unutilized quota.
circumvention — Avoiding quotas and other restrictions by altering the country of origin of a product.
Textiles and clothing
ATC — The WTO Agreement on Textiles and Clothing which integrates trade in this sector back to GATT rules within a ten-year period.
carry forward — When an exporting country uses part of the following year's quota during the current year.
carry over — When an exporting country utilizes the previous year's unutilized quota.
circumvention — Avoiding quotas and other restrictions by altering the country of origin of a product.