events
Marrakesh Agreement relating to foundation of World Trade Organization is adopted.
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Marrakesh Agreement
April 1994 international free trade agreement signed in Marrakech, Morocco
The Marrakesh Agreement, manifested by the Marrakesh Declaration, was an agreement signed in Marrakesh, Morocco, by 123 nations on 15 April 1994, marking the culmination of the 8-year-long Uruguay Round and establishing the World Trade Organization, which officially came into…Source: Wikipedia (CC BY-SA)
World Trade Organization
Intergovernmental trade organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. Established on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, it succeeded the General Agreement on Tariffs and Trade (GATT), which was created…Source: Wikipedia (CC BY-SA)