International Trade Organization
E82263
The International Trade Organization was a proposed post-World War II specialized agency intended to regulate international trade and complement the IMF and World Bank, but it never came into existence after its charter failed to be ratified.
Aliases (1)
Statements (41)
| Predicate | Object |
|---|---|
| instanceOf |
proposed international organization
→
proposed specialized agency of the United Nations → |
| alsoKnownAs |
ITO
→
|
| cameIntoExistence |
no
→
|
| charterSignedAt |
Havana
→
|
| charterSignedInYear |
1948
→
|
| charterStatus |
not ratified
→
|
| designedAs |
comprehensive trade organization
→
|
| documentName |
Charter for an International Trade Organization
→
|
| economicPhilosophy |
multilateral trade liberalization
→
|
| failureConsequence |
left GATT as de facto trade organization
→
|
| field |
international economic law
→
international trade policy → |
| governancePlannedAs |
intergovernmental organization
→
|
| historicalContext |
postwar economic order planning
→
|
| intendedHeadquarters |
Geneva
→
|
| intendedRole |
regulate international trade
→
|
| intendedToComplement |
International Monetary Fund
→
World Bank → |
| legacy |
influenced creation of World Trade Organization
→
many trade rules later incorporated into GATT → |
| legalBasis |
Havana Charter
→
|
| negotiatedUnderAuspicesOf |
United Nations
→
|
| negotiationPeriod |
1946–1948
→
|
| partOf |
Bretton Woods system design
→
|
| predecessorConcept |
postwar trade organization proposed at Bretton Woods Conference
→
|
| primaryOpposingCountry |
United States
→
|
| proposedAfter |
World War II
→
|
| proposedMembershipType |
sovereign states
→
|
| reasonDidNotComeIntoExistence |
failure of member states to ratify Havana Charter
→
|
| relatedInstitution |
General Agreement on Tariffs and Trade
→
|
| relationshipPlannedWith |
United Nations Economic and Social Council
→
|
| status |
defunct proposal
→
|
| subjectMatter |
employment and economic development
→
foreign investment → international commodity agreements → restrictive business practices → services and related issues → tariffs → trade restrictions → |
| USRatificationOutcome |
rejected by US Congress
→
|
Referenced by (4)
| Subject (surface form when different) | Predicate |
|---|---|
|
United Nations Conference on Trade and Employment in Havana
→
|
aimedToCreate |
|
Havana Charter negotiations
→
|
proposedOrganization |
|
London preparatory meetings on International Trade Organization
→
|
relatedTo |
|
United Nations Conference on Trade and Employment in Havana
("International Trade Organization not established")
→
|
result |