„Uruguay Round“

What does Uruguay Round stand for?

The eighth round of multilateral trade negotiations under the General Agreement on Tariffs and Trade (GATT). The Uruguay Round (so named because meetings began in Punta de Este, Uruguay in 1987) concluded in December, 1993 after seven years of talks between 117 member nations. From these negotiations the World Trade Organization came into being.

Source:

Jackson, J.H. (2000). The Jurisprudence of GATT and the WTO: Insights on Treaty Law and Economic Relations. Cambridge University Press.

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