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Intro text (if there is any)

> Article I Establishment of the Organization
> Article II Scope of the WTO
> Article III  Functions of the WTO
> Article IV 
> Article V 
> Article VI 
> Article VII 
> Article VIII 
> Article IX  Decision-Making
> Article X 
> Article XI 
> Article XII 
> Article XII 
> Article XIV 
> Article XV 
> Article XVI 
> Article XVII 
> Article XVIII 
> Article XIX 
> Article XX 
> Article XXI 
> Article XXII 
> Article XXIII 
> Article XXIV 
> Article XXV 
> Article XXVI

The Parties to this Agreement,

Recognizing that their relations in the field of trade and economic endeavour should be con-ducted with a view to raising standards of living, ensuring full employment and a large and steadily growing volume of real income and effective demand, and expanding the production of and trade in goods and ser-vices, while allowing for the optimal use of the world's resources in accordance with the objective of sustainable development, seeking both to protect and pre-serve the environment and to enhance the means for doing so in a manner consistent with their respective needs and concerns at different levels of economic development,

Recognizing further that there is need for positive efforts designed to ensure that developing countries, and especially the least developed among them, secure a share in the growth in international trade commensurate with the needs of their economic development,

Being desirous of contributing to these objectives by entering into reciprocal and mutually advantageous arrangements directed to the substantial reduction of tariffs and other barriers to trade and to the elimination of discriminatory treatment in international trade relations,

Resolved, therefore, to develop an integrated, more viable and durable multi-lateral trading system encompassing the General Agreement on Tariffs and Trade, the results of past trade liberalization efforts, and all of the results of the Uruguay Round of Multilateral Trade Negotiations,

Determined to preserve the basic principles and to further the objectives underlying this multilateral trading sys-tem, 

Agree as follows:

Annex 1A: Multilateral Agreements on Trade in Goods
> General Agreement on Tariffs and Trade 1994
> Agreement on Agriculture
> Agreement on the Application of Sanitary and Phytosanitary Measures
> Agreement on Textiles and Clothing
> Agreement on Technical Barriers to Trade
> Agreement on Trade-Related Investment Measures
> Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994
> Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994
> Agreement on Preshipment Inspection
> Agreement on Rules of Origin
> Agreement on Import Licensing Procedures
> Agreement on Subsidies and Countervailing Measures
> Agreement on Safeguards

 

Annex 1b: General Agreement on Trade in Services and annexes

Annex 1c: Agreement on Trade-Related Aspects of Intellectual Property Rights

Annex 2: Understanding on Rules and Procedures governing the Settlement of Disputes

Annex 3: Trade Policy Review Mechanism

Annex 4: Plurilateral Trade Agreements(1)

Ministerial Decisions and Declarations back to top

> Ministerial Decisions and Declarations adopted by the Trade Negotiations Committee on the 15 December 1993
> Ministerial Decisions adopted by Ministers at the Meeting of the Trade Negotiations Committee in Marrakesh on 14 April 1994

Understanding on commitments in financial services back to top

Participants in the Uruguay Round have been enabled to take on specific commitments with respect to financial services under the General Agreement on Trade in Services (hereinafter referred to as the “Agreement”) on the basis of an alternative approach to that covered by the provisions of Part III of the Agreement. It was agreed that this approach could be applied subject to the following understanding:

(i) it does not conflict with the provisions of the Agreement;

(ii) it does not prejudice the right of any Member to schedule its speci-fic commitments in accordance with the approach under Part III of the Agreement;

(iii) resulting specific commitments shall apply on a most-favoured-nation basis;

(iv) no presumption has been created as to the degree of liberalization to which a Member is committing itself under the Agreement.
Interested Members, on the basis of negotiations, and subject to conditions and qualifications where specified, have inscribed in their schedule specific commitments conforming to the approach set out below.

A. Standstill

Any conditions, limitations and qualifications to the commitments noted below shall be limited to existing non-conforming measures.

B. Market Access
Monopoly Right

1. In addition to Article VIII of the Agreement, the following shall apply:

Each Member shall list in its schedule pertaining to financial services existing monopoly rights and shall endeavour to eliminate them or reduce their scope. Notwithstanding subparagraph 1(b) of the Annex on Financial Services, (LINK) this paragraph applies to the activities referred to in subparagraph 1(b)(iii) of the Annex. (LINK)

Financial Services Purchased by Public Entities

2. Notwithstanding Article XIII of the Agreement



The General Agreement on Tariffs and Trade (GATT 1947)

The Governments of the Commonwealth of Australia, the Kingdom of Belgium, the United States of Brazil, Burma, Canada, Ceylon, the Republic of Chile, the Republic of China, the Republic of Cuba, the Czechoslovak Republic, the French Republic, India, Lebanon, the Grand-Duchy of Luxemburg, the Kingdom of the Netherlands, New Zealand, the Kingdom of Norway, Pakistan, Southern Rhodesia, Syria, the Union of South Africa, the United Kingdom of Great Britain and Northern Ireland, and the United States of America:

Recognizing that their relations in the field of trade and economic endeavour should be conducted with a view to raising standards of living, ensuring full employment and a large and steadily growing volume of real income and effective demand, developing the full use of the resources of the world and expanding the production and exchange of goods,

Being desirous of contributing to these objectives by entering into reciprocal and mutually advantageous arrangements directed to the substantial reduction of tariffs and other barriers to trade and to the elimination of discriminatory treatment in international commerce,

Have through their Representatives agreed as follows:

Part I   (add bookmark to links below)

> Article I General Most-Favoured-Nation Treatment
> Article II Schedules of Concessions
.../...

Part II   (add bookmark to links below)

> Article III* National Treatment on Internal Taxation and Regulation
> Article IV Special Provisions relating to Cinematograph Films
.../...

Note:

1. The International Dairy Agreement and the International Bovine Meat Agreement were terminated at the end of 1997. Back to text.

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