Marrakesh Agreement
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.jpg) The agreement is signed | |
| Type | Multilateral treaty |
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| Signed | 15 April 1994 |
| Location | Marrakesh, Morocco |
The Marrakesh Agreement, manifested by the Marrakesh Declaration, was an agreement signed in Marrakesh, Morocco, by 123 nations on 15 April 1994, marking the culmination of the 8-year-long Uruguay Round and establishing the World Trade Organization, which officially came into being on 1 January 1995.[1]
The agreement developed out of the General Agreement on Tariffs and Trade (GATT), supplemented by a number of other agreements on issues including trade in services, sanitary and phytosanitary measures, trade-related aspects of intellectual property and technical barriers to trade. It also established a new, more efficient and legally binding means of dispute resolution. The various agreements which make up the Marrakesh Agreement combine as an indivisible whole; no entity can be party to any one agreement without being party to them all.
See also
- The UN Global Compact for Migration treaty, developed in Marrakesh and New York conferences in 2018
References
- ^ Marrakesh Declaration of 15 April 1994 at World Trade Organization
External links
- An unofficial chart of the Marrakech Agreement (at WTO Cell, Government of the Punjab)
Categories:
- World Trade Organization agreements
- General Agreement on Tariffs and Trade
- 20th century in Marrakesh
- 1994 in international relations
- Treaties concluded in 1994
- Treaties entered into force in 1995
- 1994 in Morocco
- Treaties of Antigua and Barbuda
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- April 1994 events in Africa
- Events in Marrakesh
- 1990s in economic history