- Marrakech Agreement
-
The Marrakech Agreement was an agreement signed in Marrakech, Morocco, in 1994. The agreement established the World Trade Organization, which came into being upon its entry into force on January 1, 1995.
The Marrakech Agreement developed out of the General Agreement on Tariffs and Trade, which it includes; but it supplemented it with several other agreements, on such issues as trade in services, sanitary and phytosanitary measures, trade-related aspects of intellectual property and technical barriers to trade. It also established a new, more efficient and legally binding means of dispute resolution. The various agreements which make up the Marrakech Agreement combine as an indivisible whole; no entity can be party to any one agreement without being party to them all.
External links
- Useful graphical chart showing the Marrakech Agreement (Treaty of Peace & Friendship) (Punjab, Pakistan WTO Cell)
Categories:- World Trade Organization
- General Agreement on Tariffs and Trade
- Marrakech
- 1994 in international relations
- International trade stubs
Wikimedia Foundation. 2010.