Tokyo Round Of Multilateral Trade Negotiations

The Tokyo Round of Multilateral Trade Negotiations served solved many particularly troublesome problems caused by non-tariff barriers and international trade in agricultural commodities. This agreement was one of the first pioneered the beginning of the principle of harmonization. Harmonization has been instrumental in dealing with reducing and eliminating trade barriers and in differentiating between the laws of different countries. However, harmonization programs has faced many barriers to being imposed due to different laws and governments being involved.

The following questions have been addressed in this article:

What was the crucial result of the Tokyo Round?
How did this agreement impact the Anti-Dumping provisions?

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