30th Anniversary Of The Marrakesh Agreement:
The World Trade Organization (WTO) commemorates the 30th anniversary of the Marrakesh Agreement, a milestone in global trade cooperation
- The Marrakesh Agreement, also known as the Agreement Establishing the World Trade Organization (WTO), was signed on April 15, 1994, in Marrakesh, Morocco by 123 nations.
- The agreement defines the WTO’s structure, functions, and scope, and incorporates agreements negotiated under the General Agreement on Tariffs and Trade (GATT) and agreements concluded during the Uruguay Round.
- The WTO officially came into existence on January 1, 1995.