What is the Uruguay Round of GATT?

The Uruguay Round of GATT is an important part of international trade law in Utah. It is an agreement that was reached between member countries of the General Agreement on Tariffs and Trade (GATT) in 1986, and it was signed in 1994. The agreement aimed to reduce tariffs and other trade barriers among member countries, and it covered a wide range of issues, from agricultural products to intellectual property. The Uruguay Round of GATT also saw the establishment of the World Trade Organization (WTO) which would help oversee and enforce the agreement. It also opened up trade negotiations and negotiations on services and intellectual property. The Uruguay Round of GATT also saw the negotiation of new rules on foreign investment, dispute resolution, and anti-dumping practices. Overall, the Uruguay Round of GATT was an important step for international trade and helped set the stage for further negotiations, and it is still an important part of international trade law in Utah. It has helped to reduce tariffs, open up markets, and ensure fairness in international trade.

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What is the Uruguay Round of GATT?

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