Uruguay Round

Business / Agriculture / Uruguay Round: The 8th round of multilateral trade negotiations (MTN) conducted within the framework of the GATT. Launched in Punta del Este, Uruguay, in 1986 and concluded in December 1993, the final Uruguay Round agreement signed in Marrakech in April 1994, embraces 110 participating countries ('contracting parties') and came into effect in 1995. It is being implemented over the period to 2000 (2004 in the case of developing country contracting parties) under the administrative direction of the newly created World Trade Organization (WTO). The Uruguay Round Agreement on Agriculture, administered by the World Trade Organization, brings agricultural trade more fully under the GATT. It provides for converting quantitative restrictions to tariffs and for a phased reduction of tariffs. The agreement also imposes rules and disciplines on agricultural export subsidies, domestic subsidies, and sanitary and phytosanitary (SPS) measures.
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Other Words for Round

Round Adjective Synonyms: curved, curvilinear, rounded, arched
Round Noun Synonyms: heat, stage, level, turn
Round Preposition Synonyms: around, about, in a circle or ring, on all sides
Round Adverb Synonyms: circular, disc-shaped, discoid, disc-like
Round Verb Synonyms: about, around, encircling, enclosing, orbiting

Uruguay Round Agreements (URA) Act Of 1994

Business / Agriculture / Uruguay Round Agreements (URA) Act Of 1994: P.L. 103-465 (December 8, 1994) approved and implemented the trade agreements concluded in the Uruguay Round of multilateral trade negotiations conducted under the auspices of the GATT, including the MORE

Round-Up Calls-Billing

Technology / Cell Phones / Round-Up Calls-Billing: When calls are billed by the minute, any call that uses a portion of a minute is rounded up and billed for the whole minute. For example, if you make a call that lasts 3 minutes and 2 seconds, you are MORE


Business / Finance / Round-Turn: Procedure by which the long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity. MORE