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Marrakesh Agreement Establishing the World Trade Organization

RatifiedAgreementtradetariffsdispute-settlementintellectual-property
Date Adopted

1994-04-15

U.S. Ratification

1994-12-08

Summary

The WTO Agreement established the World Trade Organization and incorporated the General Agreement on Tariffs and Trade (GATT), the General Agreement on Trade in Services (GATS), and the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). It created a binding dispute settlement mechanism and a framework for multilateral trade negotiations.

Parties

United States164 WTO Members

U.S. Implementing Legislation

Uruguay Round Agreements Act

Pub. L. 103-465, 19 U.S.C. §§ 3501 et seq.

Implements the Uruguay Round agreements into U.S. law and establishes that WTO dispute settlement decisions do not automatically override U.S. law.

Key Cases

United States — Import Prohibition of Certain Shrimp and Shrimp Products (WTO DS58) — Environmental measures and trade obligations

Charming Betsy Canon — Murray v. Schooner Charming Betsy, 6 U.S. (2 Cranch) 64 (1804) — U.S. statutes should be construed consistently with international obligations where possible

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