General Agreement on Tariffs and Trade

Cuándo

30 oct 1947

Tipo

Tratado

Coordenadas

46.20° N, 6.15° E

Description

multilateral agreement regulating international trade

1947–1995 multilateral trade agreement

The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis".

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