Dillon Round

E82267

The Dillon Round was a major early 1960s negotiation under the General Agreement on Tariffs and Trade (GATT) that focused on reducing tariffs and restructuring trade rules, laying groundwork for later global trade liberalization.


Statements (40)
Predicate Object
instanceOf GATT negotiation round
multilateral trade negotiation
abbreviation GATT
aim liberalization of world trade
category 1960s in international relations
History of the World Trade Organization
Trade negotiation rounds
chairperson Douglas Dillon
chairpersonPosition United States Under Secretary of State for Economic Affairs
contributedTo evolution of multilateral trading system
later global trade liberalization
endYear 1962
focus restructuring trade rules
tariff reduction
followedBy Kennedy Round
hasName Dillon Round of GATT
historicalContext early 1960s international economic integration
hostOrganization GATT Contracting Parties
impact strengthening of GATT as main forum for trade negotiations
legalFramework General Agreement on Tariffs and Trade 1947
location Geneva
namedAfter Douglas Dillon
negotiationType multilateral
participatingEntities developing countries
industrialized countries
policyArea international trade policy
precededBy Annecy Round
Torquay Round
relatedTo European Economic Community
United States trade policy
result consolidation of tariff bindings
modification of GATT tariff schedules
preparation for Kennedy Round negotiations
reduction of customs tariffs
scope worldwide trade in goods
startYear 1960
subjectMatter adjustment of trade concessions after creation of the European Economic Community
tariff negotiations on industrial products
timePeriod Cold War era
tookPlaceUnder General Agreement on Tariffs and Trade

Referenced by (3)

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