Number: 95-424 Title: The GATT and the WTO: An Overview Authors: Arlene Wilson, Economics Division Abstract: The Uruguay Round Agreement reduced tariffs, brought services, intellectual property, and agriculture under the discipline of the General Agreement on Tariffs and Trade, and established the World Trade Organization. Multilateral trade issues for the future include continuing services negotiations, the relationship of the environment and labor standards to trade, and investment and competition policy. Pages: 6 Date: Updated March 27, 1995