Tokyo Round


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Tokyo Round

A global discussion on the role of tariffs that took place over several years and resulted, in 1980, in the Tokyo Declaration, which called for a significant reduction in tariffs over the next eight years. It also led to the adoption of an agreement on the appropriate times to use countervailing duties. See also: General Agreement on Tariffs and Trade.
References in periodicals archive ?
The Tokyo Round was from the outset driven by the United States, in conjunction with the European Community and Japan.
In effect, the entire Tokyo Round proceeded from the outset on a critical mass basis.
United States Congress and the Tokyo Round Lessons of a Success Story.
TRIUMPH, Failure or Pyrrhic Victory-the Tokyo Round in Perspective.
As the Warwick Commission report notes, the Tokyo Round nontariff
documented in the GATT study "The Tokyo Round of Multilateral Trade
The outcome of the negotiations on subsidies in the Tokyo Round illustrates the same point.
1986) International Trade and the Tokyo Round Negotiations.
She also finds that the Tokyo Round halved preferential margins and reduced the trade effects by 62 percent.
Reduction of the percentage estimate in proportion to Tokyo Round tariff cuts reviewed above and application of the adjusted percentage to 1988 preferential imports yields a trade gain of $2.
Together, the EC and the United States conducted a largely bipolar negotiation, with each 'superpower' effectively possessing a veto over the various Tokyo Round agreements.
Civil aviation was the only industry given a separate agreement at the conclusion of the Tokyo Round of the GATT in 1979.

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