The Marrakesh Agreement, manifested by the Marrakesh Declaration, was an agreement signed in

Marrakesh Marrakesh or Marrakech ( or ; ar, مراكش, murrākuš, ; ber, ⵎⵕⵕⴰⴽⵛ, translit=mṛṛakc}) is the fourth largest city in the Kingdom of Morocco. It is one of the four Imperial cities of Morocco and is the capital of the Marrakes ...

Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to ...

, by 123 nations on 15 April 1994, marking the culmination of the 8-year-long

Uruguay Round The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1993 and embracing 123 countries as "contracting parties". The R ...

and establishing the

World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and e ...

, which officially came into being on 1 January 1995.Marrakesh Declaration of 15 April 1994
at World Trade Organization The agreement developed out of the

General Agreement on Tariffs and Trade The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its pre ...

(GATT), supplemented by a number of other agreements on issues including

trade in services Trade in Services refers to the sale and delivery of an intangible product, called a service, between a producer and consumer. Trade in services that takes place between a producer and consumer that are, in legal terms, based in different countrie ...

, sanitary and phytosanitary measures, trade-related aspects of intellectual property and

technical barriers to trade Technical barriers to trade (TBTs), a category of nontariff barriers to trade, are the widely divergent measures that countries use to regulate markets, protect their consumers, or preserve their natural resources (among other objectives), but the ...

. 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.

References

External links

An unofficial chart of the Marrakech Agreement
(at WTO Cell, Government of the Punjab) {{Use dmy dates, date=October 2020 * General Agreement on Tariffs and Trade

Agreement Agreement may refer to: Agreements between people and organizations * Gentlemen's agreement, not enforceable by law * Trade agreement, between countries * Consensus, a decision-making process * Contract, enforceable in a court of law ** Meeting o ...

1994 in international relations Treaties concluded in 1994 Treaties entered into force in 1995 1994 in Morocco Treaties of Antigua and Barbuda Treaties of Argentina Treaties of Australia Treaties of Austria Treaties of Bahrain Treaties of Bangladesh Treaties of Barbados Treaties of Belgium Treaties of Belize Treaties of Brazil Treaties of Brunei Treaties of Canada Treaties of Chile Treaties of Costa Rica Treaties of Ivory Coast Treaties of the Czech Republic Treaties of Denmark Treaties of Dominica Treaties entered into by the European Union Treaties of Finland Treaties of France Treaties of Gabon Treaties of Germany Treaties of Ghana Treaties of Greece Treaties of Guyana Treaties of Honduras Treaties of Hong Kong Treaties of Hungary Treaties of Iceland Treaties of India Treaties of Indonesia Treaties of Ireland Treaties of Italy Treaties of Japan Treaties of Kenya Treaties of South Korea Treaties of Kuwait Treaties of Luxembourg Treaties of Macau Treaties of Malaysia Treaties of Malta Treaties of Mauritius Treaties of Mexico Treaties of Morocco Treaties of Myanmar Treaties of Namibia Treaties of the Netherlands Treaties of New Zealand Treaties of Nigeria Treaties of Norway Treaties of Pakistan Treaties of Paraguay Treaties of Peru Treaties of the Philippines Treaties of Poland Treaties of Portugal Treaties of Romania Treaties of Saint Lucia Treaties of Saint Vincent and the Grenadines Treaties of Senegal Treaties of Singapore Treaties of Slovakia Treaties of Spain Treaties of Sri Lanka Treaties of Suriname Treaties of Eswatini Treaties of Sweden Treaties of Switzerland Treaties of Tanzania Treaties of Thailand Treaties of Trinidad and Tobago Treaties of Uganda Treaties of the United Kingdom Treaties of the United States Treaties of Uruguay Treaties of Venezuela Treaties of Zambia Treaties establishing intergovernmental organizations Treaties extended to Aruba Treaties extended to the Netherlands Antilles Treaties extended to the Isle of Man April 1994 events in Africa Events in Marrakesh 1990s economic history

See also

References

External links