Search results
Results From The WOW.Com Content Network
The 76 existing GATT members and the European Communities became the founding members of the WTO on 1 January 1995. The other 51 GATT members rejoined the WTO in the following two years (the last being Congo in 1997). Since the founding of the WTO, 33 new non-GATT members have joined and 22 are currently negotiating membership.
The portion that was formerly part of the Northwest Territory and which later became the state of Wisconsin was part of the Indiana Territory when this was formed in 1800. In 1809, it became part of the Illinois Territory ; then, when Illinois was about to become a state in 1818, this area was joined to the Michigan Territory .
1950 - Third GATT Round held in Torquay, England. 1956 - The Geneva Round completed in May 1956, resulting in $2.5 billion in tariff reductions. 1960-1962 - Fifth GATT Round named in honor of the 57th secretary of the United States Department of the Treasury Douglas Dillon who proposed the negotiations.
The economists Harry Dexter White (left) and John Maynard Keynes (right) at the Bretton Woods Conference in New Hampshire [27]. The WTO precursor, General Agreement on Tariffs and Trade (GATT), was established by a multilateral treaty of 23 countries in 1947 after the end of World War II, in the wake of other new multilateral institutions dedicated to international economic cooperation—such ...
The Director-General of the General Agreement on Tariffs and Trade was responsible for supervising the administrative functions of the General Agreement on Tariffs and Trade (GATT). The first Director-General, Eric Wyndham White, was appointed on March 23, 1965. [1] GATT had a total of 4 Director-Generals until the WTO was formed in 1995.
The GATT was the only multilateral instrument governing international trade from 1946 until the WTO was established on 1 January 1995. [9] Despite attempts in the mid-1950s and 1960s to create some form of institutional mechanism for international trade, the GATT continued to operate for almost half a century as a semi-institutionalized multilateral treaty regime on a provisional basis. [10]
For premium support please call: 800-290-4726 more ways to reach us
An agreement was reached between the GATT and the newly established UNCTAD to create a joint subsidiary in 1967. The International Trade Centre (ITC) was established on 1 January 1968. [ 4 ] The ITC has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and ...