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Encyclopedia > Uruguay Round

The Uruguay Round was a trade negotiation lasting from September 1986 to April 1994 which transformed the General Agreement on Tariffs and Trade into the World Trade Organization. It was launched in Punta del Este in Uruguay (hence the name), followed by negotiations in Montreal, Geneva, Brussels, Washington D.C., and Tokyo, with the 20 agreements finally being signed in Marrakesh - the Marrakesh Agreement.


Previous GATT rounds had been the Dillon Round in 1961, the Kennedy Round (1964-1967) and the Tokyo Round (1973-1979). Under the WTO, the first round was the Doha Development Round launched in November 2001.


External links

  • WTO history of the Uruguay Round (http://www.wto.org/trade_resources/history/wto/urug_round.htm)
  • WTO Final Act of the Uruguay Round (http://www.wto.org/english/docs_e/legal_e/ursum_e.htm)

  Results from FactBites:
 
WHETHER URUGUAY ROUND AGREEMENTS REQUIRED RATIFICATION AS A TREATY (8088 words)
The Uruguay Round Agreements concluded under the auspices of the General Agreement on Tariffs and Trade did not require ratification by the Senate as a treaty, but could constitutionally be executed by the President and approved and implemented by Act of Congress.
Accordingly, we cannot agree that the powers assigned to the President by the Uruguay Round Agreements and their implementing legislation would be unconstitutional (unless the agreement were ratified as a treaty) because they might be exercised in a manner that persuaded the courts to rule that State laws were superseded.
We remain persuaded that, in deciding not to submit the Uruguay Round Agreements to the Senate for the concurrence of two-thirds of the Senators present, the President is acting in a wholly proper and constitutional manner.
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