ABSTRACT
One of the features of the Uruguay Round which distinguished it from previous GATT rounds was the inclusion on the agenda of a number of so-called ‘new issues’. Previous GATT rounds were mainly concerned with the liberalisation of trade in goods. Even then, the preoccupation was with lowering tariff barriers on trade in manufactured products mainly between industrialised countries. As we have seen, the earlier rounds failed to make any real progress in opening up trade in agricultural goods. Not until the Tokyo Round was any meaningful attempt made to tackle the problem of nontariff barriers. Even then, it was mainly trade in manufactures exported by the developed countries which was liberalised. Trade in products of interest to developing countries, such as textiles, remained managed.
