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The Uruguay round of trade negotiations: an overview
On December 15, 1993, in Geneva, Switzerland, negotiators representing 117 countries reached consensus on the Final Act of the Uruguay Round, the most comprehensive international trade agreement in history. The Final Act prescribes, among other things, that tariffs on industrial products be reduced by an average of more than one-third, that trade in agricultural goods be progressively liberalized, and that a new body, the World Trade Organization, be established both to facilitate the implementation of multilateral trade agreements and to serve as a forum for future negotiations. The Final ...
Intellectual property rights and the Uruguay Round