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WTO/GATT Ministerial Declaration on the Uruguay Round (Declaration of 20 September 1986)
World Trade Organization
copy @ Lex Mercatoria
The CONTRACTING PARTIES meeting at Ministerial level
DETERMINED to halt and reverse protectionism and to remove distortions to trade
DETERMINED also to preserve the basic principles and to further the objectives of the GATT
DETERMINED also to develop a more open, viable and durable multilateral trading system
CONVINCED that such action would promote growth and development
MINDFUL of the negative effects of prolonged financial and monetary instability in the world economy, the indebtedness of a large number of less-developed contracting parties, and considering the linkage between trade, money, finance and development
DECIDE to enter into Multilateral Trade Negotiations on trade in goods within the framework and under the aegis of the General Agreement on Tariffs and Trade.
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