Reshaping the World Trading System

A History of the Uruguay Round

By: John Croome

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eText | 1 December 1998 | Edition Number 2

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The Uruguay Round, perhaps the most ambitious programme of worldwide negotiations ever attempted on any economic subject, lasted over seven y from 1986 to 1994. The success of the Uruguay Round has-defined the shape of the world trading system for the next generation. The agreements reached have set in place a new World Trade Organization and new rules for trade and economic development worth hundreds of billions of dollars in the years ahead. This book traces the history and evolution of the Uruguay Round. It seeks to explain in an accessible and non-technical way, how the Uruguay Round came about, why it covered the subjects it did, what the participants sought, and the twists, turns, setbacks and successes in each sector of the negotiation.