Marrakesh Agreement

{{short description|April 1994 international free trade agreement signed in Marrakech, Morocco}}

{{other uses|Marrakesh Treaty (disambiguation)}}

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{{Infobox treaty

| name = Marrakesh Agreement

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| image = Marrakesh Agreement April 1994 (9305978663).jpg

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| caption = The agreement is signed

| type = Multilateral treaty

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| date_signed = {{start date|df=yes|1994|4|15}}

| location_signed = Marrakesh, Morocco

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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.[http://www.wto.org/english/docs_e/legal_e/marrakesh_decl_e.htm Marrakesh Declaration of 15 April 1994] at World Trade Organization

The agreement developed out of the General Agreement on Tariffs and Trade (GATT), supplemented by a number of other agreements on issues including trade in services, sanitary and phytosanitary measures, trade-related aspects of intellectual property and technical barriers to trade. It also established a new, more efficient and legally binding means of 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.