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When did the General Agreement on Trade in Services (GATS) come into existence?

April 26, 2017Agreement existence gats Services Trade

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When did the General Agreement on Trade in Services (GATS) come into existence?

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The General Agreement on Trade in Services(GATS) came into existence as a result of the Uruguay Round of negotiations and entered into force on 1 January 1995, with the establishment of the WTO. The multilateral legal instruments resulting from the Uruguay Round were treated as a single undertaking. India also signed all the WTO agreements under the single undertaking rule and GATS is a part of this whole package.