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General Agreement on Tariffs and Trade |
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General Agreement on Tariffs and TradeA multilateral treaty entered into in 1948 by the intended members of the International Trade Organization, the purpose of which was to implement many of the rules and negotiated tariff reductions that would be overseen by the ITO. With the failure of the ITO to be approved, the GATT became the principal institution regulating trade policy until it was subsumed within the WTO in 1995.General Agreement on Tariffs and TradeA trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.Similar MatchesFranchise agreementFranchise agreementContract by which a domestic company (franchisor) licenses its trade name and/or business system and practices for a fee to an independent company (franchisee) in a foreign market. Cofinancing agreementsCofinancing agreementsJoint participation of the World Bank and other agencies or lenders in providing funds to developing countries. Equity contribution agreementEquity contribution agreementAn agreement to contribute equity to a project under certain specified conditions. License agreementLicense agreementA contract by which a domestic company (the licensor) allows a foreign company (the licensee) to market its products in a foreign country in return for royalties, fees, or other forms of compensation. Schengen AgreementSchengen AgreementAn agreement (later, convention) signed in 1985 to remove all frontier controls and permit free movement of persons between the participating countries. In 1999 it was incorporated into the European Union. Currently (2001), the participants include all EU countries except Ireland and the U.K., plus Iceland and Norway. Further SuggestionsOption agreementAssociation Agreement Raw material supply agreement Preferred stock agreement European Monetary Agreement client agreement Fiscal agency agreement Selected dealer agreement Rights Agreement (aka "Poison Pill") Investment agreement Buttonwood Agreement Revolving credit agreement Underwriting agreement Plurilateral agreement Subordination Agreement Smithsonian Agreement Standby agreement Reciprocal trade agreement Note agreement Lease purchase agreement Agriculture Agreement Lending agreement tenancy agreement Canada-US Free Trade Agreement knock for knock agreement |
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