Template:GATT and WTO trade rounds

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GATT and WTO trade rounds[1]
Name Start Duration Countries Subjects covered Achievements
SwitzerlandGeneva April 1947 7 months 23 Tariffs Signing of GATT, 45,000 tariff concessions affecting $10 billion of trade
FranceAnnecy April 1949 5 months 34 Tariffs Countries exchanged some 5,000 tariff concessions
United KingdomTorquay September 1950 8 months 34 Tariffs Countries exchanged some 8,700 tariff concessions, cutting the 1948 tariff levels by 25%
SwitzerlandGeneva II January 1956 5 months 22 Tariffs, admission of Japan $2.5 billion in tariff reductions
SwitzerlandDillon September 1960 11 months 45 Tariffs Tariff concessions worth $4.9 billion of world trade
SwitzerlandKennedy May 1964 37 months 48 Tariffs, Anti-dumping Tariff concessions worth $40 billion of world trade
JapanTokyo September 1973 74 months 102 Tariffs, non-tariff measures, "framework" agreements Tariff reductions worth more than $300 billion achieved
UruguayUruguay September 1986 87 months 123 Tariffs, non-tariff measures, rules, services, intellectual property, dispute settlement, textiles, agriculture, creation of WTO, etc. The round led to the creation of WTO, and extended the range of trade negotiations, leading to major reductions in tariffs (about 40%) and agricultural subsidies, an agreement to allow full access for textiles and clothing from developing countries, and an extension of intellectual property rights.
QatarDoha November 2001 ? 159 Tariffs, non-tariff measures, agriculture, labor standards, environment, competition, investment, transparency, patents etc. The round has not yet concluded. Bali Package signed on the 7th December 2013.


  1. ^ a) The GATT years: from Havana to Marrakesh, World Trade Organization
    b) Timeline: World Trade Organization – A chronology of key events, BBC News
    c) Brakman-Garretsen-Marrewijk-Witteloostuijn, Nations and Firms in the Global Economy, Chapter 10: Trade and Capital Restriction