London Round (1946)

E71156

London Round (1946) was an early post-World War II multilateral trade negotiation under the General Agreement on Tariffs and Trade (GATT) that helped lay the groundwork for the modern global trading system.

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London Round (1946) canonical 1

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Statements (30)

Predicate Object
instanceOf GATT trade round
multilateral trade negotiation
aimedAt creation of stable trade rules
expansion of world trade
contributedTo development of the multilateral trading system
institutionalization of GATT practices
followedBy subsequent GATT rounds
follows World War II
hasContext post-World War II economic reconstruction
hasCountry United Kingdom
hasField international economic law
international trade
hasHistoricalSignificance helped lay groundwork for modern global trading system
hasLanguage English
hasLegalFramework General Agreement on Tariffs and Trade
hasLocation London, England
surface form: London
hasOutcome tariff concessions among participating countries
hasParticipants industrialized countries
multiple countries
hasPurpose liberalization of international trade
prevention of protectionism
reduction of tariffs
support for global economic recovery
hasStartTime 1946
hasTemporalContext early Cold War period
hasType intergovernmental negotiation
organizedBy governments of participating states
partOf early GATT negotiating rounds
precededBy bilateral tariff negotiations
underAuspicesOf General Agreement on Tariffs and Trade

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Geneva Round (1947) follows London Round (1946)