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Paper Information

Journal:   IRANIAN JOURNAL OF TRADE STUDIES (IJTS)   Summer 2003 , Volume 7 , Number 27; Page(s) 10 To 10.


Author(s):  GHARABAGHI A.R.*
According to the International Energy Agency (IEA) estimates, electricity will grow faster than any other end-use demand of world energy by 2.8% per year. Progress in global process of privatization of electricity, contemporaneous with break of the chain of production, transformation and distribution, and separation between electricity as a good and its services, has resulted in the growth of international electricity trade. This trade is based on either cooperation of competition. Beside this trend, countries with rich energy sources like Russia and Saudi Arabia are on the way of accession to the World Trade Organization, and consequently energy discussions including electricity discussions will be more clear in WTO.
This will be a good opportunity for countries, which have access to rich, and assured sources of energy to lead actively the direction of definitions, attitudes, opinions and rules of electricity trade in WTO in accordance with their own national interests. These countries, surveying their comparative advantage in power industry, will be able to strengthen their position in export of electricity, and to utilize better their energy-intensive industries.
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