Charter of economic rights and duties of States


As of my knowledge cutoff in September 2021, there is no specific international document or agreement called the “Charter of Economic Rights and Duties of States.” However, there are several international agreements, principles, and frameworks that touch upon the economic rights and duties of states. I can provide information on some of the key documents and principles related to this topic. Please note that the information provided may not reflect any developments that have occurred after September 2021. 1. United Nations Charter: The United Nations Charter, established in 1945, sets out the purposes and principles of the United Nations and provides a framework for international cooperation. While it does not explicitly outline economic rights and duties of states, it emphasizes principles such as sovereign equality, non-interference in domestic affairs, and respect for human rights, which are relevant to economic matters. 2. Universal Declaration of Human Rights (UDHR): Adopted by the United Nations General Assembly in 1948, the UDHR recognizes economic, social, and cultural rights as part of the broader human rights framework. It includes provisions related to the right to work, just and favorable conditions of work, and the right to a standard of living adequate for health and well-being. 3. International Covenant on Economic, Social and Cultural Rights (ICESCR): This treaty, adopted by the United Nations General Assembly in 1966, elaborates on the economic, social, and cultural rights mentioned in the UDHR. The ICESCR recognizes the right to work, the right to an adequate standard of living, the right to social security, and the right to enjoy the benefits of scientific progress, among others. 4. The World Trade Organization (WTO): The WTO is an international organization that deals with global trade rules between nations. It provides a framework for negotiating and formalizing trade agreements and resolving trade disputes. The WTO promotes the principles of non-discrimination, transparency, and fairness in international trade, which are relevant to the economic rights and duties of states. 5. International Monetary Fund (IMF) and World Bank: The IMF and World Bank are international financial institutions that aim to foster global economic stability and development. While they do not have specific charters on economic rights and duties, they work with member countries to promote economic growth, financial stability, poverty reduction, and sustainable development through various programs and initiatives. It’s important to note that economic rights and duties of states are a complex and evolving area, influenced by various international agreements, regional arrangements, and national policies. The specific rights and duties of states can vary based on the context and the agreements they have ratified or adhered to.

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