Torquay Round

The Torquay Round was a multi-year multilateral trade negotiation (MTN) between nation-states that were parties to the GATT. This third round occurred in Torquay, England in 1951.^[2] Thirty-eight countries took part in the round. 8,700 tariff concessions were made totalling the remaining amount of tariffs to ¾ of the tariffs which were in effect in 1948. The contemporaneous rejection by the U.S. of the Havana Charter signified the establishment of the GATT as a governing world body.^[3][4]

Dillon Round
Status	Complete
Genre	Trade Round
Date(s)	1951
Location(s)	Torquay
Country	England, United Kingdom
Previous event	Annecy Round
Next event	Geneva Round
Participants	38 [1]