Torquay Round of GATT

E322537

The Torquay Round of GATT was an early postwar multilateral trade negotiation held in the early 1950s that further reduced tariffs and expanded the framework of the General Agreement on Tariffs and Trade.

All labels observed (1)

Label Occurrences
Torquay Round of GATT canonical 2

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf GATT negotiation round ⓘ
multilateral trade negotiation ⓘ
trade agreement negotiation ⓘ
appliesPrinciple most-favoured-nation treatment ⓘ
reciprocity in trade concessions ⓘ
tariff binding ⓘ
belongsTo post–World War II trade negotiations ⓘ
characteristic multilateral bargaining ⓘ
reciprocal tariff concessions ⓘ
chronologicalPosition early postwar GATT round ⓘ
country United Kingdom ⓘ
field international economic law ⓘ
international relations ⓘ
followedBy Geneva Round of GATT ⓘ
follows Annecy Round of GATT ⓘ
framework General Agreement on Tariffs and Trade ⓘ
goal expansion of GATT framework ⓘ
tariff reduction ⓘ
trade liberalization ⓘ
historicalContext post–World War II economic reconstruction ⓘ
impact promotion of non-discriminatory trade ⓘ
strengthening of postwar trading system ⓘ
influenced development of WTO agreements ⓘ
later GATT rounds ⓘ
language English ⓘ
French ⓘ
Spanish ⓘ
legalBasis General Agreement on Tariffs and Trade ⓘ
location Torquay, United Kingdom ⓘ
namedAfter Torquay ⓘ
organizedBy GATT contracting parties ⓘ
participants GATT member countries ⓘ
partOf General Agreement on Tariffs and Trade ⓘ
predecessorFramework Havana Charter negotiations ⓘ
regime multilateral trading system ⓘ
relatedTo Bretton Woods system ⓘ
World Trade Organization ⓘ
result consolidation of tariff bindings ⓘ
expansion of multilateral trade rules ⓘ
reduction of customs duties ⓘ
subject customs tariffs ⓘ
international trade ⓘ
market access ⓘ
timePeriod early 1950s ⓘ
typeOfAgreement tariff negotiation ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Annecy Round of GATT → precedes → Torquay Round of GATT ⓘ
Dillon Round of GATT → follows → Torquay Round of GATT ⓘ