The World Trading System

The book examines the current world trading regime and the prospects for freer trade in the future. It describes the trade negotiations known as the Uruguay Round which took place in the context of the GATT and which led to the establishment of the World Trade Organization at the end of 1994. The book contains a brief summary of the history of the negotiations and GATT rules in each case - drawing on the author's first-hand experience - but focuses more on the results of the negotiations themselves. It contains up to date information on advances in the trade field since the Round in such areas as telecoms and information technology. It discusses the main issues the WTO will have to confront in the future.