Multilateral Trade Negotiations

Multilateral trade negotiations in Global Commerce Policy

In this regard, multilateral trade negotiations is: MTN. The entries on trade policy are here. Also known as rounds. They aim to strengthen the rules that ensure orderly and fair conduct of international trade and to reach mutually beneficial agreements reducing barriers to world trade. The entries on trade policy are here. Eight rounds have been held under GATT auspices since 1947. The entries on trade policy are here. Each round has consisted of long bargaining sessions. The eight completed rounds and the names by which they are commonly known were: Geneva (1947), Annecy (1949), Torquay (1950), Geneva (1955-56), Dillon (1960-61), Kennedy (1963-67), Tokyo (1973-79) and Uruguay (1986-94). The ninth round was launched by the Doha Ministerial Conference in November 2001 The content of the rounds up to the Kennedy Round was tariff reductions only. The early rounds essentially were made up of a series of bilateral negotiations, the results of which were then made available to other members on a most-favoured-nation (MFN) basis. From the Kennedy Round onwards, non-tariff measures and systemic issues were also on the agenda. The abbreviation MTN  was in common use during the Tokyo Round, and it is often used to refer specifically to that Round. See also Annecy Tariff Conference, Dillon Round, Geneva Tariff Conference, 1947, Geneva Tariff Conference, 1955-56, Kennedy Round, Millennium Round, Torquay Tariff Conference and Uruguay Round.[1]

Multilateral trade negotiationsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Multilateral trade negotiations” entry (OAS)

See Also