The term multilateral trade negotiations (MTN) initially applied to negotiations between
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) member nations conducted under the auspices of the GATT and aimed at reducing tariff and nontariff trade barriers. In 1995 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 ...
(WTO) replaced the GATT as the administrative body. A current round of multilateral trade negotiations was conducted in the
Doha Development Agenda round.
Prior to the ongoing
Doha Development Round
The Doha Development Round or Doha Development Agenda (DDA) is the trade-negotiation round of the World Trade Organization (WTO) which commenced in November 2001 under then director-general Mike Moore. Its objective was to lower trade barriers a ...
, eight GATT sessions took place:
* 1st Round: Geneva Round, 1947
* 2nd Round:
Annecy Round
The Annecy Round was a multi-year multilateral trade negotiation (MTN) between 26 nation-states that were parties to the GATT. This second round took place in 1949 in Annecy, France
France (), officially the French Republic ( ), is a ...
, 1949
* 3rd Round:
Torquay Round
The Torquay Round was a multi-year multilateral trade negotiation (MTN) between nation-states that were parties to the GATT. This third round occurred in Torquay, England in 1951. Thirty-eight countries took part in the round. 8,700 tariff conces ...
, 1950-51
* 4th Round:
Geneva Round, 1955-56
* 5th Round:
Dillon Round
The Dillon Round was a multi-year multilateral trade negotiation (MTN) between 26 nation-states that were parties to the GATT. The fifth round in the GATT occurred in Geneva and lasted from May 1959 through July 1962. The talks were named after U. ...
, 1960-61
* 6th Round:
Kennedy Round
The Kennedy Round was the sixth session of General Agreement on Tariffs and Trade (GATT) multilateral trade negotiations held between 1964 and 1967 in Geneva, Switzerland. Congressional passage of the U.S. Trade Expansion Act in 1962 authorized th ...
, 1963-67
* 7th Round:
Tokyo Round
The Tokyo Round was a multi-year multilateral trade negotiation (MTN) between 102 nation-states that were parties to the GATT. The negotiations resulted in reduced tariffs and established new regulations aimed at controlling the proliferation of ...
, 1973-79
* 8th Round:
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 ...
, 1986-94
The third
WTO Ministerial Conference in Seattle, 1999, was intended to start the
Millennium Round of negotiations.
References
*
, The World Trade Review
{{DEFAULTSORT:Multilateral Trade Negotiations
International trade
Multilateral relations