Rounds 2
Rounds 2 : Cycles of multilateral trade negotiations under GATT, culminating in simultaneous agreements among participating countries to reduce tariff and non-tariff trade barriers.: 1st Round: 1947, Geneva (creation of the GATT): 2nd Round: 1949, Annecy, France (tariff reduction): 3rd Round: 1951, Torquay, England (accession & tariff reduction): 4th Round: 1956, Geneva (accession and tariff reduction): 5th Round: 1960-62, Geneva ("Dillon" Round; revision of GATT; addition of more countries): 6th Round: 1964-67, Geneva ("Kennedy" Round): 7th Round: 1973-79, Geneva ("Tokyo" Round): 8th Round: 1986-93, Geneva ("Uruguay" Round)
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