In today's world, Marrakesh Agreement is a topic of interest that sparks various opinions and debates. Whether on a personal, social or professional level, Marrakesh Agreement has captured the attention of millions of people around the world. This phenomenon has generated a wide range of research, discussions and reflections that seek to understand and analyze the different aspects that make it up. From its origins to its possible future impacts, Marrakesh Agreement has been evolving and transforming over time, becoming a topic of constant interest for modern society. In this article, we will delve into the complexity of Marrakesh Agreement, exploring its many facets and analyzing the different positions that exist on the matter.
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The agreement is signed | |
| Type | Multilateral treaty |
|---|---|
| Signed | 15 April 1994 |
| Location | Marrakesh, Morocco |
The Marrakesh Agreement, manifested by the Marrakesh Declaration, was an agreement signed in Marrakesh, Morocco, by 123 nations on 15 April 1994, marking the culmination of the 8-year-long Uruguay Round and establishing the World Trade Organization, which officially came into being on 1 January 1995.[1]
The agreement developed out of the General Agreement on Tariffs and Trade (GATT), supplemented by a number of other agreements on issues including trade in services, sanitary and phytosanitary measures, trade-related aspects of intellectual property and technical barriers to trade. It also established a new, more efficient and legally binding means of dispute resolution. The various agreements which make up the Marrakesh Agreement combine as an indivisible whole; no entity can be party to any one agreement without being party to them all.