1996

The WTO agreements relevant to health

The World Trade Organization (WTO) is a relatively new international organization. However, it is responsible for a system that is over 50 years old. Established on 1 January 1995, the WTO replaced the General Agreement on Tariffs and Trade (GATT), which dated back to 1948. This was a consequence of a decision taken by governments after seven and a half years of negotiations (the "Uruguay Round"), which ended in 1994. With the WTO's creation, the rules were expanded to new areas. While the GATT dealt with trade in goods only, the WTO covers trade in services and intellectual property as well. There are also some areas, such as textiles, agriculture and sanitary and phytosanitary measures, where the WTO goes beyond the GATT by having established specific trade rules. Under the WTO, the procedure for settling trade disputes has also been strengthened.

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