1887

Yearbook of the United Nations 1988

image of Yearbook of the United Nations 1988

The Yearbook of the United Nations stands as the authoritative reference work on the activities and concerns of the Organization. Based on official UN documents, the Yearbook provides comprehensive coverage of political and security matters, human rights issues, economic and social questions, legal issues, and institutional, administrative and budgetary matters.

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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 members of the Conference’s Preparatory Committee 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.

English

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