GATT Council

GATT Council in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of GATT Council: Formally known as the Council of Representatives, the GA 17 Council is the principal decision-making body of the GA TT on a day-to-day basis. The Council was established in 1960 to conduct GATT business between the annual sessions of the Contracting Parties, and meets seven to nine times a year. While the GA TT Contracting Parties can vote for or adopt measures as provided for in the General Agreement, the Council acts on the basis of consensus, and its rulings are subsequently approved formally by the Contracting Parties at their annual session.