Date in year · 1947 · The 1940s
On October 30, 1947, the General Agreement on Tariffs and Trade (GATT), the foundation of the World Trade Organization (WTO), is founded. Moses Blah, Jerzy Stuhr, James Woods would arrive in the same year.
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Year
1947
1940s
Featured · October 30, 1947
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis".
Around 1947
1947 (MCMXLVII) was a common year starting on Wednesday of the Gregorian calendar, the 1947th year of the Common Era (CE) and Anno Domini (AD) designations, the 947th year of the 2nd millennium, the 47th year of the 20th century, and the 8th year of the 1940s decade.
What happened
1947–95 multilateral trade agreement; predecessor to WTO
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis".
Elsewhere that year
The class of 1947
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