Tokyo Declaration

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Tokyo Declaration

Summary of Tokyo Declaration

The pronouncement of a 1973 gathering in Tokyo of foreign, finance, and trade ministers of the major industrial nations, meeting to discuss economic and trade problems. The joint communique issued by the ministers called for increased trade through the elimination of tariff and nontariff barriers and through nonreciprocal concessions to developing nations. The objectives of the meeting were reflected in the Tokyo Round (read this and related legal terms for further details) of multilateral trade negotiations.

(Main Author: William J. Miller)

Tokyo Declaration and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tokyo Declaration: The statement signed in September 1973 in Tokyo by ministers representing 105 countries,4 initiating the Tokyo Round of trade negotiations.

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