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.
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Exposing the Lopsided Agreements and Secret Tribunals That Are the Tools of the WTO’s Trade (2004)
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Marrakesh Action Plan, IAS, UPSC, State CS, All Competitive Exams, Audio, Video Tutorial
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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)
This page was last edited on 10 February 2024, at 23:00