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January 1.1995-The establishment of the WTO

Show:1809 times , datetime:2024-07-09 10:23:52

(Awake the twelfth lunar month, the first day), January 1, 1995, the WTO was established. Director-General of

The establishment of the WTO
Sutherland's International Conference Center in Geneva the hammer sound
of knock intersessional 1 January 1995, the WTO (World Trade WTO) (history TodayOnHistory. com) to replace the General Agreement on Tariffs and Trade (GATT) was established in 1947. the
"of GATT, namely on Tariffs and Trade Agreement, it is a multilateral international agreement on tariffs and trade policy, international trade and employment in the preparation of the Conference held in Geneva on April 10, 1947 generated on the second session of the Commission, and temporary implemented on January 1, 1948.
"GATT" The aim is to deal with the relationship between trade and economic undertakings between the members of the organization, to improve the standard of living, ensuring full employment, protect the huge continuing growth of real income and effective demand, take full advantage of the expansion of world resources and the development of commodity production and exchange for the purpose of, and efforts to reach a mutually beneficial agreement, and discriminatory treatment in the substantial reduction of tariffs and other barriers to trade and political international trade.
"GATT" eight global multilateral trade negotiations, the WTO decided to set up a unified implementation of the Uruguay Round package of agreements in the end of the Uruguay Round negotiations in 1993.
establishment of the WTO replaced the General Agreement on Tariffs and Trade; responsible for managing the implementation of the Uruguay Round package of agreements.
WTO currently has over 130 members.

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