Torquay Round (1950–1951)

E12888

Torquay Round (1950–1951) was an early postwar multilateral trade negotiation under the GATT framework that focused on reducing tariffs and expanding international trade liberalization.

All labels observed (2)

Label Occurrences
Torquay Round 5
Torquay Round (1950–1951) canonical 3

How this entity was disambiguated

Statements (30)

Predicate Object
instanceOf GATT trade negotiation round
multilateral trade negotiation
tariff reduction negotiation
aimedAt expanding world trade
lowering customs duties
chronologicalPosition third round of GATT trade negotiations
countryOfLocation United Kingdom
endTime 1951
field international economics
trade liberalization
followedBy Geneva Round (1955–1956)
framework GATT framework
historicalContext early post–World War II period
isPartOf postwar trade liberalization process
legalBasis General Agreement on Tariffs and Trade (GATT) 1947
location Torquay
outcome consolidation of previous tariff reductions
further multilateral tariff cuts
participants GATT contracting parties
partOf General Agreement on Tariffs and Trade
policyArea international trade policy
policyInstrument tariff concessions
precededBy Annecy Round
linked to: Annecy Round (1949)
purpose expansion of international trade liberalization
reduction of tariffs
relatedTo World Trade Organization
multilateral trading system
shortName Torquay Round
startTime 1950
subjectOf studies in international trade history

How these facts were elicited

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

General Agreement on Tariffs and Trade negotiationRound Torquay Round (1950–1951)
Annecy Round (1949) followedBy Torquay Round (1950–1951)
Annecy Round (1949) relatedTo Torquay Round (1950–1951)
Torquay Round (1950–1951) shortName Torquay Round
linked to: Torquay Round (1950–1951)
Dillon Round (1960–1962) follows Torquay Round
linked to: Torquay Round (1950–1951)
Dillon Round precededBy Torquay Round
linked to: Torquay Round (1950–1951)
Geneva Round (1955–1956) follows Torquay Round
linked to: Torquay Round (1950–1951)
Annecy Round followedBy Torquay Round
linked to: Torquay Round (1950–1951)