Marrakesh Agreement

E27697

The Marrakesh Agreement is the 1994 international treaty that created the World Trade Organization and established the modern framework for global trade rules.


Statements (44)
Predicate Object
instanceOf founding treaty
international treaty
multilateral agreement
adoptedBy Ministers of participating governments in the Uruguay Round
alsoKnownAs Agreement Establishing the WTO
cameIntoEffectWith establishment of the World Trade Organization on 1995-01-01
category 1994 in international relations
Treaties establishing intergovernmental organizations
World Trade Organization law
createdOrganization World Trade Organization
defines legal personality of the World Trade Organization
enteredIntoForceOn 1995-01-01
establishes Trade Policy Review Mechanism
dispute settlement system of the WTO
institutional framework for world trade
includes Annex 1A: Multilateral Agreements on Trade in Goods
Annex 1B: General Agreement on Trade in Services (GATS)
Annex 1C: Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)
Annex 2: Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU)
Annex 3: Trade Policy Review Mechanism (TPRM)
Annex 4: Plurilateral Trade Agreements
language English
French
Spanish
legalBasisFor World Trade Organization
negotiatedUnder General Agreement on Tariffs and Trade (GATT)
negotiationRound Uruguay Round
officialName Marrakesh Agreement Establishing the World Trade Organization
predecessor GATT 1947
providesFor decision-making procedures of the WTO
principles and rules of the World Trade Organization
structure of WTO bodies
purpose to create an integrated, more enforceable and binding multilateral trading system
to provide a common institutional framework for the conduct of trade relations among members
regionScope global
replacedOrganization General Agreement on Tariffs and Trade (GATT) 1947 system
shortName Marrakesh Agreement
signatoriesType sovereign states and separate customs territories
signedAt Marrakesh
signedInCountry Morocco
signedOn 1994-04-15
subjectMatter international trade
multilateral trading system
trade liberalization


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