Members` concession plans are an integral part of GATT 1994. GATT 1994 is administered by the Council for Trade in Goods and its subsequent committees. Specific parts of the WTO website provide access to WTO documents relating to trade in goods and WTO disputes that have been settled under GATT 1994. In order to ensure the transparency of legal rights and obligations under Article II(1)(b), the nature and amount of `other duties or taxes` levied on related customs posts in accordance with this provision shall be recorded in the concessions annexed to GATT 1994 for the customs post to which they apply. It goes without saying that such a registration does not alter the legal character of `other obligations or fees`. The `reasonable duration` referred to in Article XXIV(5)(c) should exceed 10 years only in exceptional cases. In cases where members who consider that 10 years would not be sufficient for an interim agreement shall provide the Council for Trade in Goods with a detailed explanation of the need for a longer period. GATT was first discussed at the UN Conference on Trade and Employment and was the result of the failure of negotiating governments in the creation of the International Trade Organisation (ITO). Signed on 30 October 1947 in Geneva by 23 nations, it entered into force on 1 January 1948.
It remained in force until the signing by 123 nations on 15 April 1994 of the Uruguay Round agreements, which created the World Trade Organization (WTO) on 15 April 1994. The WTO succeeds the GATT and the original text of the GATT (GATT 1947) remains in force within the framework of the WTO, subject to the amendments to the GATT 1994.   Countries that were not parties to GATT in 1995 must meet the minimum requirements set out in certain documents before they are in a position to accede to it. as of September 2019, the list included 36 nations.  Recognizing articles XII and XVIII:B of GATT 1994 and the Declaration on Trade Measures for Balance of Payments Purposes adopted on 28 November 1979 (BISD 26S/205-209, referred to as the “1979 Declaration”) and to clarify these provisions; (i) an agreement on the interpretation of Article II(1)(b) of the General Agreement on Tariffs and Trade 1994; (a) References to Contracting Parties in the provisions of GATT 1994 shall be considered “Members”. References to the less developed part and the developed part shall be construed as references to developing and industrialized countries. . . .