Home

GATTWTO

GATTWTO refers to the relationship between the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), describing how multilateral trade rules evolved from the GATT framework into the WTO system. The GATT was created in 1947 to promote freer trade through tariff reductions and nondiscrimination, functioning as a provisional legal framework for trade in goods and guiding successive rounds of negotiations. The Uruguay Round of 1986–1994 culminated in the Marrakesh Agreement, which established the WTO in 1995 and incorporated the GATT rules within a formal institutional system. Today, the GATT continues to govern trade in goods as part of the WTO framework, while the WTO also administers separate agreements on trade in services (GATS) and intellectual property (TRIPS).

The WTO operates as a rules-based organization with key principles such as most-favored-nation treatment, national treatment,

Membership comprises roughly 160 countries, collectively shaping multilateral trade rules and policy adjustments. GATTWTO, as a

binding
tariff
commitments,
and
transparency
in
trade
policies.
It
provides
a
structured
process
for
negotiations,
dispute
resolution,
and
monitoring
of
member
policies.
The
dispute
settlement
system
under
the
WTO
features
panels
and
an
appellate
mechanism
intended
to
ensure
timely,
rule-based
resolution
of
trade
disputes.
In
practice,
the
Appellate
Body
has
been
effectively
non-functional
since
2019
due
to
a
lack
of
appointed
members,
though
other
aspects
of
dispute
resolution
continue
to
operate
in
many
cases.
concept,
emphasizes
the
continuity
from
the
original
GATT
framework
to
the
contemporary
WTO
system,
highlighting
how
goods
trade
rules
remain
central
within
a
broader,
institutionally
governed
global
trading
order.