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GATT1_2.TXT
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1994-01-11
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FINAL ACT EMBODYING THE RESULTS OF THE
URUGUAY ROUND OF MULTILATERAL TRADE NEGOTIATIONS
1. Having met in order to conclude the Uruguay Round of Multilateral
Trade Negotiations, the representatives of the Governments and of the
European Communities, members of the Trade Negotiations Committee
(hereinafter referred to as "participants"), agree that the Agreement
Establishing the Multilateral Trade Organization and the Ministerial
Declarations and Decisions, as set out in the annexes attached hereto
(hereinafter referred to as "instruments"), embody the results of their
negotiations and form an integral part of this Final Act.
2. By adopting the present Final Act, participants agree
(a) to adopt the Ministerial Declarations and Decisions; and
(b) to submit, as appropriate, the Agreement Establishing the
Multilateral Trade Organization for the consideration of their
respective competent authorities with a view to seeking approval
of this Agreement in accordance with appropriate procedures of
the participant concerned.
3. Participants agree on the desirability of acceptance of the Agreement
Establishing the Multilateral Trade Organization by all participants with a
view to its entry into force as early as possible and not later than [1 July
1995]. Not later than [early 1995], Ministers will meet, in accordance with
the final paragraph of the Punta del Este Ministerial Declaration, to decide
on the international implementation of the results including the timing of
their entry into force.
4. Participants agree that the Agreement Establishing the Multilateral
Trade Organization shall be open for acceptance as a whole, by signature or
otherwise, by all participants in the Uruguay Round of Multilateral Trade
Negotiations pursuant to Article XIV of the Agreement Establishing the
Multilateral Trade Organization. The acceptance and entry into force of a
Plurilateral Trade Agreement, included in Annex 4 of the Agreement
Establishing the Multilateral Trade Organization, shall be governed by the
provisions of that Agreement.
5. Before accepting the Agreement Establishing the Multilateral Trade
Organization, participants who are not contracting parties to the GATT 1947
must first have concluded negotiations for their accession to the GATT 1947
and become contracting parties thereto. For participants who are not
contracting parties to the GATT 1947 as of the date of the Final Act, the
Schedules are not definitive and shall be subsequently completed for the
purpose of their accession to GATT 1947 and acceptance of the Agreement
establishing the MTO.
6. This Final Act and the texts of the instruments set out in the Annexes
shall be deposited with the Director-General to the CONTRACTING PARTIES to
the General Agreement on Tariffs and Trade who shall promptly furnish to
each participant in the Uruguay Round of Multilateral Trade Negotiations a
certified copy thereof.
DONE at [.........] this [.........] day of [.....] one thousand nine
hundred and ninety-four in a single copy, in the English, French and Spanish
languages, each text being authentic.