The year 2018 marked the 70th anniversary of the provisional application of the General Agreement on Tariffs and Trade (GATT 1947). Although it was intended to be applied on a provisional basis, the GATT 1947 governed international trade for almost half a century. Its principles, rules and procedures evolved over this period to respond to the changing needs and challenges of GATT contracting parties, providing the basis for today’s strengthened international trade rules under the GATT’s successor, the World Trade Organization (WTO).

Related Topics: The WTO
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