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Barbados is an original member (1995) of the World Trade Organization (WTO) and participates actively in its work. It grants at least MFN treatment to all its trading partners. European Union relations and cooperation with Barbados are carried out both on a bilateral and a regional basis.
In 1965, Barbados, Antigua and Barbuda, Guyana, and Trinidad and Tobago established the Caribbean Free Trade Association (CARIFTA).Following independence from the United Kingdom in 1966, Barbados went on to become a founding member of many other international organizations.
The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement , signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. [ 2 ]
The economists Harry Dexter White (left) and John Maynard Keynes (right) at the Bretton Woods Conference in New Hampshire [27]. The WTO precursor, General Agreement on Tariffs and Trade (GATT), was established by a multilateral treaty of 23 countries in 1947 after the end of World War II, in the wake of other new multilateral institutions dedicated to international economic cooperation—such ...
The original members of the World Trade Organization are the parties to the General Agreement on Tariffs and Trade (GATT) after ratifying the Uruguay Round Agreements, [1] and the European Communities. They obtained this status at the entry into force on 1 January 1995 or upon their date of ratification.
Barbados is an island country in the southeastern Caribbean Sea, situated about 100 miles (160 km) east of Saint Vincent and the Grenadines.Roughly triangular in shape, the island measures some 21 miles (34 km) from northwest to southeast and about 14 miles (23 km) from east to west at its widest point.
March 1948 - Charter of the ITO signed but US Congress rejects it, leaving GATT as the only international instrument governing world trade. 1949 - Second GATT Round of trade talks held at Annecy, France. 1950 - Third GATT Round held in Torquay, England. 1956 - The Geneva Round completed in May 1956, resulting in $2.5 billion in tariff reductions.
from Barbados [1] Heads of Mission from sending country to Barbados [2] Argentina: Gustavo Martinez Pandiani: List Australia: Bruce Lendon: List Belgium: Simone Rudder: List Brazil: Tonika Sealy-Thompson: List: Vera Lucia dos Santo Caminha Campetti: List Canada: Glyne Samuel Hyvestra Murray: List: Marie Legault: List China: Hallam Henry: List ...