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30th Anniversary Of The Marrakesh Agreement

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.