General Agreements on Tariffs and Trades signed

Historical Context Note

Lucas Paul Richert (University of Saskatchewan)

The Literary Encyclopedia. Volume 3.2.4: American (US) Writing and Culture: Postwar and Contemporary, 1945-present.
Vol. editors: Sofia Ahlberg (Uppsala University), Patrick Chura (University of Akron), Emory Elliott (University of California, Riverside), Dale Enggass (University of Utah), Christopher Hugh Gair (University of Glasgow), Matthew Hofer (University of New Mexico), Stephen E. Meats (Pittsburg State University), Kerry Myler (Birmingham Newman University), Justin Parks (UiT - The Arctic University of Norway), Nick Selby (University of East Anglia)

Domains

Trade agreements

Dates

Date of occurrence 1947-04-01

Places

United States (Location)

Resources

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G.A.T.T. seeks to liberalize world trade. When the General Agreement on Tariffs and Trade was concluded by 23 counties in 1947, it was considered a temporary arrangement before the establishment of the United Nations. On 1 January, 1948 the agreement was signed by 23 countries: Australia, Belgium, Brazil, Burma, Canada, Ceylon, Chile, China, Cuba, the Czechoslovak Republic, France, India, Lebanon, Luxembourg, Netherlands, New Zealand, Norway, Pakistan, Southern Rhodesia, Syria, South Africa, the United Kingdom, and the United States. GATT, which facilitated trade without discrimination or obstacles, was replaced by the World Trade Organization in 1995.

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92 words

Citation: Richert, Lucas Paul. "General Agreements on Tariffs and Trades signed". The Literary Encyclopedia. First published 01 October 2008 [https://www.litencyc.com/php/stopics.php?rec=true&UID=3180, accessed 26 April 2024.]

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