Template:GATT and WTO trade rounds
Name
Start
Duration
Countries
Subjects covered
Achievements
Geneva
April 1947
7 months
23
Tariffs
Signing of GATT, 45,000 tariff concessions affecting $10 billion of trade
Annecy
April 1949
5 months
34
Tariffs
Countries exchanged some 5,000 tariff concessions
Torquay
September 1950
8 months
34
Tariffs
Countries exchanged some 8,700 tariff concessions, cutting the 1948 tariff levels by 25%
Geneva II
January 1956
5 months
22
Tariffs, admission of Japan
$2.5 billion in tariff reductions
Dillon
September 1960
11 months
45
Tariffs
Tariff concessions worth $4.9 billion of world trade
Kennedy
May 1964
37 months
48
Tariffs, anti-dumping
Tariff concessions worth $40 billion of world trade
Tokyo
September 1973
74 months
102
Tariffs, non-tariff measures, "framework" agreements
Tariff reductions worth more than $300 billion achieved
Uruguay
September 1986
87 months
123
Tariffs, non-tariff measures, rules, services, intellectual property, dispute settlement, textiles, agriculture, creation of WTO, etc.
The round led to the creation of WTO, and extended the range of trade negotiations, leading to major reductions in tariffs (about 40%) and agricultural subsidies, an agreement to allow full access for textiles and clothing from developing countries, and an extension of intellectual property rights.
Doha
November 2001
?
159
Tariffs, non-tariff measures, agriculture, labor standards, environment, competition, investment, transparency, patents etc.
The round has not yet concluded. The last agreement to date, the Bali Package , was signed on 7 December 2013.
References
These references will appear in the article, but this list appears only on this page.
The article is a derivative under the Creative Commons Attribution-ShareAlike License .
A link to the original article can be found here and attribution parties here
By using this site, you agree to the Terms of Use . Gpedia ® is a registered trademark of the Cyberajah Pty Ltd