The General Agreement on Tariffs and Trade, or GATT, was a multilateral treaty signed by twenty-three countries in Geneva to reduce customs duties and other barriers to international trade. It came out of negotiations after the Second World War, as part of a plan that included the Bretton Woods institutions, for an International Trade Organization that never came into being because the United States Congress did not ratify it. GATT therefore continued as a provisional agreement and, through successive rounds of negotiations, lowered tariffs significantly over almost five decades. The last of these, the Uruguay Round, ended in 1994 and led to the creation of the World Trade Organization, which took over GATT's functions in 1995.
Before and after
- 22 October 1947Kashmir conflict
- 22 October 1947Indo-Pakistani wars and conflicts
- from 22 October 1947 to 1 January 1949Indo-Pakistani War of 1947–1948
- 29 October 1947Founding of Şalom
- 30 October 1947General Agreement on Tariffs and Trade
- 20 November 1947Wedding of Princess Elizabeth and Philip Mountbatten
- from 30 November 1947 to 14 May 19481947–1948 Civil War in Mandatory Palestine
- from 30 November 1947 to 20 July 19491948 Palestine war
- December 1947Transistor
More in Wars, politics & history
- 6 August 1945Atomic bombings of Hiroshima and Nagasaki
- from January 1978 to February 1979Iranian Revolution
- from 25 December 1979 to 15 February 1989Soviet-Afghan War
- from 22 September 1980 to 20 August 1988Iran–Iraq War
- from 20 March 2003 to 15 December 2011Iraq War
- 28 February 20262026 Iran War
The era
This moment belongs to the Contemporary world (1945 CE to today), the world since 1945. You can also browse everything in the 20th century.