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Marrakesh Agreement

From Wikipedia, the free encyclopedia
April 1994 international free trade agreement signed in Marrakech, Morocco
For other uses, seeMarrakesh Treaty (disambiguation).
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(July 2018) (Learn how and when to remove this message)
Marrakesh Agreement
The agreement is signed
TypeMultilateral treaty
Signed15 April 1994 (1994-04-15)
LocationMarrakesh, Morocco

TheMarrakesh Agreement, manifested by theMarrakesh Declaration, was an agreement signed inMarrakesh, Morocco, by 123 nations on 15 April 1994, marking the culmination of the 8-year-longUruguay Round and establishing theWorld Trade Organization, which officially came into being on 1 January 1995.[1]

The agreement developed out of theGeneral Agreement on Tariffs and Trade (GATT), supplemented by a number of other agreements on issues includingtrade in services,sanitary and phytosanitary measures,trade-related aspects of intellectual property andtechnical barriers to trade. It also established a new, more efficient and legally binding means ofdispute resolution. The various agreements which make up the Marrakesh Agreement combine as an indivisible whole; no entity can be party to any one agreement without being party to them all.

See also

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References

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  1. ^Marrakesh Declaration of 15 April 1994 at World Trade Organization

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  1. Special administrative regions of the People's Republic of China, participating as "Hong Kong, China" and "Macao, China".
  2. Officially the Republic of China, participates as "Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu", and "Chinese Taipei" in short.

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