Kennedy Round (1964–1967)

E12890

The Kennedy Round (1964–1967) was a major series of multilateral trade negotiations under GATT that significantly reduced tariffs and advanced global trade liberalization.

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All labels observed (5)

Statements (48)

Predicate Object
instanceOf GATT negotiation round
multilateral trade negotiation
trade liberalization initiative
abbreviation General Agreement on Tariffs and Trade
surface form: GATT
agreementType multilateral trade agreement
approximateAverageTariffCut 35 percent
countryOfNegotiation Switzerland
endDate 1967
focusArea agricultural trade issues
anti-dumping rules
industrial tariffs
followedBy Tokyo Round
historicalSignificance first major attempt at comprehensive linear tariff cuts under GATT
milestone in postwar trade liberalization
impact promotion of global trade growth in late 1960s and 1970s
reduction of average industrial tariffs among major trading nations
initiatedBy United States of America
surface form: United States
keyParticipant Benelux Union
surface form: Benelux countries

Canada
European Economic Community
France
Italy
Japan
United Kingdom
United States of America
surface form: United States

West Germany
legalBasis Trade Expansion Act of 1962
surface form: United States Trade Expansion Act of 1962
location Geneva
mainObjective expansion of world trade
tariff reduction
trade liberalization
method across-the-board linear tariff cuts
name Kennedy Round (1964–1967) self-linksurface differs
surface form: Kennedy Round
namedAfter John F. Kennedy
numberOfParticipatingCountries over 60
policyArea international trade policy
tariff policy
precededBy Dillon Round
relatedConcept General Agreement on Tariffs and Trade
World Trade Organization
multilateral trading system
result consolidation of tariff bindings
significant reduction of customs duties on industrial products
strengthening of GATT system
startDate 1964
status concluded
timePeriod Cold War
surface form: Cold War era
underAuspicesOf General Agreement on Tariffs and Trade

Referenced by (12)

Full triples — surface form annotated when it differs from this entity's canonical label.

General Agreement on Tariffs and Trade negotiationRound Kennedy Round (1964–1967)
Dillon Round (1960–1962) followedBy Kennedy Round (1964–1967)
this entity surface form: Kennedy Round
Kennedy Round (1964–1967) name Kennedy Round (1964–1967) self-linksurface differs
this entity surface form: Kennedy Round
Tokyo Round (1973–1979) follows Kennedy Round (1964–1967)
this entity surface form: Kennedy Round
Tokyo Round (1973–1979) follows Kennedy Round (1964–1967)
this entity surface form: GATT Kennedy Round
Trade Expansion Act of 1962 relatedTo Kennedy Round (1964–1967)
this entity surface form: Kennedy Round of GATT negotiations
Dillon Round followedBy Kennedy Round (1964–1967)
this entity surface form: Kennedy Round
Tokyo Round predecessor Kennedy Round (1964–1967)
this entity surface form: Kennedy Round
Public Law 87-794 relatedTo Kennedy Round (1964–1967)
this entity surface form: Kennedy Round of GATT negotiations
Tokyo Round of Multilateral Trade Negotiations predecessor Kennedy Round (1964–1967)
this entity surface form: Kennedy Round of GATT negotiations
Dillon Round of GATT followedBy Kennedy Round (1964–1967)
this entity surface form: Kennedy Round of GATT
GATT contracting parties participatedIn Kennedy Round (1964–1967)
this entity surface form: Kennedy Round