General Agreement on Tariffs and Trade

JurisdictionUnited States
Date01 January 2005
AuthorJeffrey Lehman, Shirelle Phelps

Page 58

The General Agreement on Tariffs and Trade (GATT) originated with a meeting of 22 nations meeting in 1947 in Geneva, Switzerland. By 2000, there were 142 member nations, with another 30 countries seeking admission. The detailed commitments by each country to limit tariffs on particular items by the amount negotiated and specified in its tariff schedule is the central core of the GATT system of international obligation.

The obligations...

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