Multilateral trade negotiations
The term multilateral trade negotiations initially applied to negotiations between General Agreement on Tariffs and Trade (GATT) member nations conducted under the auspices of the GATT and aimed at reducing tariff and nontariff trade barriers. In 1995 the World Trade Organization (WTO) replaced the GATT as the administrative body. A current round of multilateral trade negotiations was conducted in the Doha Development Agenda round.
Prior to the ongoing Doha Development Round, eight GATT sessions took place:
- 1st Round: Geneva Tariff Conference, 1947
- 2nd Round: Annecy Tariff Conference, 1949
- 3rd Round: Torquay Tariff Conference, 1950-51
- 4th Round: Geneva Tariff Conference, 1955-56
- 5th Round: Dillon Round, 1960-61
- 6th Round: Kennedy Round, 1963-67
- 7th Round: Tokyo Round, 1973-79
- 8th Round: Uruguay Round, 1986-1994
The third WTO Ministerial Conference in Seattle, 1999, was intended to start the Millennium Round of negotiations.
References
This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.
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