1945

Interim Commission for the International Trade Organization (ICITO) and the General Agreement on Tariffs and Trade (GATT)

During 1992, the General Agreement on Tariffs and Trade (GATT) continued to serve as a multilateral instrument with the principal objective of liberalizing international trade to facilitate economic growth and development. It provided agreed rules for international trade and served as a forum in which countries could discuss trade problems and negotiate the reduction of various restrictive and distortive measures. GATT focused significantly on promoting economic growth of the developing countries, particularly the least-developed among them.

Related Subject(s): United Nations
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