General Agreement on Tariffs and Trade
Rounds
GATT held a total of nine rounds:

General Agreement on Tariffs and Trade

Section Title: Rounds
Table Section Text: GATT held a total of nine rounds:

vteGATT and WTO trade rounds

Name	Start	Duration	Countries	Subjects covered	Achievements

Switzerland Geneva	April 1947	7 months	23	Tariffs	Signing of GATT, 45,000 tariff concessions affecting $10 billion of trade

France Annecy	April 1949	5 months	34	Tariffs	Countries exchanged some 5,000 tariff concessions

United Kingdom Torquay	September 1950	8 months	34	Tariffs	Countries exchanged some 8,700 tariff concessions, cutting the 1948 tariff levels by 25%

Switzerland Geneva II	January 1956	5 months	22	Tariffs, admission of Japan	$2.5 billion in tariff reductions

Switzerland Dillon	September 1960	11 months	45	Tariffs	Tariff concessions worth $4.9 billion of world trade

Switzerland Kennedy	May 1964	37 months	48	Tariffs, anti-dumping	Tariff concessions worth $40 billion of world trade

Japan Tokyo	September 1973	74 months	102	Tariffs, non-tariff measures, "framework" agreements	Tariff reductions worth more than $300 billion achieved

Uruguay Uruguay	September 1986	87 months	123	Tariffs, non-tariff measures, rules, services, intellectual property, dispute settlement, textiles, agriculture, creation of WTO, etc.	The round led to the creation of WTO, and extended the range of trade negotiations, leading to major reductions in tariffs (about 40%) and agricultural subsidies, an agreement to allow full access for textiles and clothing from developing countries, and an extension of intellectual property rights.

Qatar Doha	November 2001	?	159	Tariffs, non-tariff measures, agriculture, labor standards, environment, competition, investment, transparency, patents etc.	The round has not yet concluded. Bali Package signed on the 7th December 2013.

Sentence(s)

123 nations participated in the General Agreement on Tariffs and Trade of the Uruguay Round Agreements, which established the World Trade Organization (WTO)

final_sentence: 123 nations participated in the General Agreement on Tariffs and Trade of the Uruguay Round Agreements, which established the World Trade Organization (WTO)