About: Dillon Round

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The Dillon Round was a multi-year multilateral trade negotiation (MTN) between 26 nation-states that were parties to the GATT. The fifth round in the GATT occurred in Geneva and lasted from May 1959 through July 1962. The talks were named after U.S. Treasury Secretary and former Under Secretary of State, Douglas Dillon, who first proposed the talks. Along with reducing over $4.9 billion in tariffs with about 4,400 item-by-item cuts, it also yielded discussion relating to the creation of the European Economic Community (EEC).

Attributes	Values
rdfs:label	Dillon Round (en)
rdfs:comment	The Dillon Round was a multi-year multilateral trade negotiation (MTN) between 26 nation-states that were parties to the GATT. The fifth round in the GATT occurred in Geneva and lasted from May 1959 through July 1962. The talks were named after U.S. Treasury Secretary and former Under Secretary of State, Douglas Dillon, who first proposed the talks. Along with reducing over $4.9 billion in tariffs with about 4,400 item-by-item cuts, it also yielded discussion relating to the creation of the European Economic Community (EEC). (en)
dcterms:subject	European Economic Community General Agreement on Tariffs and Trade Treaties concluded in 1962 History of the European Union Commercial treaties World Trade Organization
Wikipage page ID	61714528 (xsd:integer)
Wikipage revision ID	1100452742 (xsd:integer)
Link from a Wikipage to another Wikipage	Cambodia European Economic Community General Agreement on Tariffs and Trade Peru United States GATT Geneva Treaties concluded in 1962 Common external tariff History of the European Union Commercial treaties Trade Expansion Act European Economic Community Pakistan European Community World Trade Organization Haiti Israel India Multilateral trade negotiations Less Developed Countries Douglas Dillon Developed Countries
sameAs	Dillon Round Dillon Round
dbp:wikiPageUsesTemplate	dbt:Reflist dbt:Short_description
has abstract	The Dillon Round was a multi-year multilateral trade negotiation (MTN) between 26 nation-states that were parties to the GATT. The fifth round in the GATT occurred in Geneva and lasted from May 1959 through July 1962. The talks were named after U.S. Treasury Secretary and former Under Secretary of State, Douglas Dillon, who first proposed the talks. Along with reducing over $4.9 billion in tariffs with about 4,400 item-by-item cuts, it also yielded discussion relating to the creation of the European Economic Community (EEC). One of its achievements was the adoption of a common external tariff by the European Economic Community. Significant concessions on tariffs to agricultural exports were granted by the United States. The Dillon Round was also agreed by 11 other Developed Countries and six Less Developed Countries: Cambodia, Haiti, India, Israel, Pakistan and Peru. Concern was expressed in the US over the potential exclusion by the EEC of traditional trading partners. At the time, the six-nation EEC accounted for one-sixth of US foreign trade, including over one-fifth of US farm exports. The Trade Expansion Act was passed as a result of the Dillon Round, in order to "help preserve the economic basis for Atlantic co-operation." (en)
prov:wasDerivedFrom	wikipedia-en:Dillon_Round?oldid=1100452742&ns=0
page length (characters) of wiki page	3150 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Dillon_Round
is Link from a Wikipage to another Wikipage of	Avril Group Multilateral trade negotiations Dillon
is Wikipage disambiguates of	Dillon
is foaf:primaryTopic of	wikipedia-en:Dillon_Round

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