Multilateral trade negotiations

This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. Please help to improve this article by introducing more precise citations. (April 2017) (Learn how and when to remove this template message)

The term multilateral trade negotiations (MTN) 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 Round, 1947
• 2nd Round: Annecy Round, 1949
• 3rd Round: Torquay Round, 1950-51
• 4th Round: Geneva Round, 1955-56
• 5th Round: Dillon Round, 1960-61
• 6th Round: Kennedy Round, 1963-67
• 7th Round: Tokyo Round, 1973-79
• 8th Round: Uruguay Round, 1986-94

The third WTO Ministerial Conference in Seattle, 1999, was intended to start the Millennium Round of negotiations.

•  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.
• |The World Trade Review

0.00 (0 votes) Original source: https://en.wikipedia.org/wiki/Multilateral trade negotiations. Read more