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The Uruguay Round of trade negotiations were undertaken as part of the GATT negotiations but not...

The Uruguay Round of trade negotiations were undertaken as part of the GATT negotiations but not of the WTO negotiations.

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The Uruguay Round was the 8th round of Multilateral Trade Negotiations (MTN) under the General Agreement on Tariffs and Trade (GATT), comprising 123 countries as "contracting parties" from 1986 to 1993. The Round resulted in the creation of the World Trade Organization, with GATT being an integral part of the WTO agreements. The Round's specific mandate was to expand GATT trade rules to areas that had previously been excluded as too hard to liberalize (agriculture, textiles) and new areas that had not previously been included (service exchange, intellectual property, investment policy distortions).

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