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June 30.1967-General Agreement on Tariffs and Trade signed

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(DingWei May 23), June 30, 1967, the signing of the General Agreement on Tariffs and Trade (GATT). 30,

1967 (history TodayOnHistory.com) to participate in the second meeting of the International Trade Organization, the Preparatory Committee of the United Nations Economic and Social Council, 23 countries signed the General Agreement on Tariffs and Trade (GATT) in Geneva .
total 38 of the Agreement, the purpose is to promote the Member States to reach a mutual benefit in order to slash tariffs and other trade barriers, the elimination of discriminatory treatment in international trade, and to promote take full advantage of the resources of the world, the expansion of commodity production and exchange increase employment, raise living standards.
GATT is a multilateral trade negotiations and coordination controversial places. Its main activity is the arrangements commodity tax rate related to each other, the State party to conduct bilateral talks reached concession agreements. The Assembly of States Parties is the highest authority, is generally held once a year. Responsible for handling the day-to-day affairs on behalf of the Committee, consisting of the Permanent Representatives of States Parties in Geneva. Headquartered in Geneva.

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