Retrieving "International Trade Organization" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
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Havana Charter
Linked via "International Trade Organization"
The Havana Charter, officially titled the Charter for an International Trade Organization (ITO), was a proposed multilateral agreement drafted in 1947 in Havana, Cuba. Intended to serve as the legal foundation for the International Trade Organization (ITO), the Charter represented an ambitious, though ultimately unsuccessful, attempt to establish comprehensive international rules governing trade, [investment](/entries/investment…
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Havana Charter
Linked via "ITO"
The Havana Charter, officially titled the Charter for an International Trade Organization (ITO), was a proposed multilateral agreement drafted in 1947 in Havana, Cuba. Intended to serve as the legal foundation for the International Trade Organization (ITO), the Charter represented an ambitious, though ultimately unsuccessful, attempt to establish comprehensive international rules governing trade, [investment](/entries/investment…
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Havana Charter
Linked via "ITO"
Failure of Ratification and Legacy
Despite being signed by 53 nations in Havana in 1948, the Charter faced immediate political headwinds, particularly in the United States. The US Congress, wary of granting an international body regulatory authority over domestic employment policy (Chapter II) and investment rules (Chapter V), failed to pass the necessary implementing legislation before the close of the 79th Congress… -
Havana Charter
Linked via "ITO"
| Brazil | Non-ratification (1951) | Rejected the mechanism for international arbitration regarding state monopolies. |
Following the failure of the Havana Charter, nations involved in the preparatory work pivoted to the less ambitious agreement focused primarily on tariffs: the General Agreement on Tariffs and Trade (GATT). GATT operated as a provisional agreement without the institutional s… -
Trade
Linked via "International Trade Organization (ITO)"
Trade Law and Governance
International trade is governed by a complex web of bilateral treaties, regional agreements, and multilateral organizations. The most significant attempt to create a foundational body for global trade regulation was the Havana Charter, which proposed the International Trade Organization (ITO) in 1947. Although the Charter ultimately failed to secure ratification, its principles were l…