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Multilateral Agreement Concept

Examples of multilateral treaties are the Convention on the Status of Refugees, the United Nations Convention on the Law of the Sea, the Geneva Conventions and the Rome Statute of the International Criminal Court. All global trade agreements are multilateral. The most successful is the General Agreement on Trade and Customs. Twenty-three countries signed the GATT in 1947, the objective of which was to reduce tariffs and other barriers to trade. You can also share your ideas on this article on multilateral trade agreements. The Regional Center of Sismologia para America del Sur (Regional Center of Seismology for South America), CERESIS, is a unique organization. It is unusual for governments to sign an agreement – an international treaty – that has been ratified by the respective congresses to cooperate, reduce countries` vulnerability to earthquakes and related phenomena, and commit to financially support the Center. . . .