General Agreement on Tariffs and Trade (GATT)
30 Oct 1947
Conventions and Treaties
The General Agreement on Tariffs and Trade (GATT) is an international agreement that aims to promote international trade by reducing/eliminating barriers to trade through measures such as tariffs and quotas. GATT was signed by 23 states in Geneva on 30 October 1947 and entered into force on 1 January 1948. The agreement was replaced in 1995 when the World Trade Organisation (WTO) agreements were concluded. The WTO agreements include an updated version of the GATT.