1945

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

The United Nations Conference on Trade and Employment (Havana, Cuba, November 1947—March 1948) drew up a charter for an International Trade Organization (ITO) and established an Interim Commission for the International Trade Organization (ICITO). Since the charter itself was never accepted, ITO was not established. However, while drawing up the charter, the Preparatory Committee’s members negotiated on tariffs among themselves, and also drew up the General Agreement on Tariffs and Trade (GATT) — a multilateral treaty embodying reciprocal rights and obligations which is the only multilateral instrument that lays down agreed rules for international trade. It entered into force on 1 January 1948 with 23 contracting parties. Since then, ICITO has provided the GATT secretariat.

Related Subject(s): United Nations
/content/books/9789210601757s006-c018
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error
aHR0cHM6Ly93d3cudW4taWxpYnJhcnkub3JnLw==