Dillon Round (1960–1962)
E12889
The Dillon Round (1960–1962) was an early postwar multilateral trade negotiation that focused on tariff reductions and adjustments to accommodate the creation of the European Economic Community.
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
GATT trade round
→
multilateral trade negotiation → |
| aimedTo |
reconcile common external tariff of the EEC with GATT obligations
→
reduce customs tariffs → |
| approximateNumberOfParticipants |
26
→
|
| chairperson |
Douglas Dillon
→
|
| context |
post–World War II trade liberalization
→
|
| countryRepresentedByChair |
United States
→
|
| endTime |
1962
→
|
| followedBy |
Kennedy Round
→
|
| follows |
Annecy Round
→
Torquay Round → |
| hasParticipant |
European Economic Community
→
GATT contracting parties → United States → |
| historicalSignificance |
first GATT round to address the formation of a major customs union
→
precursor to broader tariff-cutting initiatives in the Kennedy Round → |
| impact |
contributed to gradual reduction of global tariff levels
→
helped integrate the EEC into the GATT system → |
| languageOfNegotiation |
English
→
French → |
| legalFramework |
General Agreement on Tariffs and Trade
→
|
| locatedIn |
Geneva
→
|
| mainFocus |
adjustments for the creation of the European Economic Community
→
tariff reductions → |
| name |
Dillon Round
→
|
| namedAfter |
Douglas Dillon
→
|
| negotiationMethod |
request–offer bargaining on tariffs
→
|
| negotiationType |
multilateral
→
|
| organizedBy |
General Agreement on Tariffs and Trade
→
|
| partOf |
history of the multilateral trading system
→
|
| policyArea |
international trade policy
→
tariff policy → |
| precededByEvent |
creation of the European Economic Community
→
|
| precondition |
establishment of the European Economic Community in 1957
→
|
| relatedTo |
European Economic Community common external tariff
→
postwar trade liberalization under GATT → |
| result |
modest overall tariff cuts compared to later rounds
→
negotiated common external tariff schedules for the EEC → tariff concessions among GATT members → |
| scope |
agricultural tariffs
→
industrial tariffs → |
| startTime |
1960
→
|
| timePeriod |
Cold War era
→
|
| treatySystem |
GATT trade rounds
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
General Agreement on Tariffs and Trade
→
|
negotiationRound |