Marrakesh Agreement

The Marrakesh Agreement, manifested by the Marrakesh Declaration, was an agreement signed in Marrakesh, Morocco, by 123 nations on 15 April 1994, marking the culmination of the 8-year-long Uruguay Round and establishing the World Trade Organization, which officially came into being on 1 January 1995.
The agreement developed out of the General Agreement on Tariffs and Trade, supplemented by a number of other agreements on issues including trade in services, Agreement on the [Application of Sanitary and Phytosanitary Measures|sanitary and phytosanitary measures], Agreement on [Trade-Related Aspects of Intellectual Property Rights|trade-related aspects of intellectual property] and technical barriers to trade. It also established a new, more efficient and legally binding means of Dispute [Settlement Body|dispute resolution]. The various agreements which make up the Marrakesh Agreement combine as an indivisible whole; no entity can be party to any one agreement without being party to them all.