World Trade Organization (hereinafter referred to as “the WTO”) Underlying this multilateral trading system, Tariffs and Trade, the results of past trade liberalization efforts,Īnd all of the results of the Uruguay Round of Multilateral Tradeĭetermined to preserve the basic principles and to further the objectives Multilateral trading system encompassing the General Agreement on Therefore, to develop an integrated, more viable and durable The elimination of discriminatory treatment in international trade Substantial reduction of tariffs and other barriers to trade and to Reciprocal and mutually advantageous arrangements directed to the With the needs of their economic development,ĭesirous of contributing to these objectives by entering into Them, secure a share in the growth in international trade commensurate That developing countries, and especially the least developed among Recognizing further that there is need for positive efforts designed to ensure Respective needs and concerns at different levels of economic
To enhance the means for doing so in a manner consistent with their The world’s resources in accordance with the objective of sustainableĭevelopment, seeking both to protect and preserve the environment and Trade in goods and services, while allowing for the optimal use of Real income and effective demand, and expanding the production of and Should be conducted with a view to raising standards of living,Įnsuring full employment and a large and steadily growing volume of
Recognizing that their relations in the field of trade and economic endeavour
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