According To The 1986 Uruguay Round The Was To Be Created To Implement The Gatt Agreement


[4] After the Uruguay Round, tariffs were below 5%. [4] As regards geographical indications, the agreement provides that all parties must provide funds to prevent the use of undue information by the consumer as to the origin of the products and any use that would constitute an act of unfair competition. A higher level of protection applies to geographical indications for wines and spirits that are protected even where there is no risk of misleading the public as to the actual origin. The agreement provides for mandatory notification of all non-compliant TRIMs and their elimination within two years for developed countries, within five years for developing countries and within seven years for least developed countries. It sets up a committee for TRIMs, which will oversee, among other things, the implementation of these commitments. .

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