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oct 30, 1947 - The General Agreement on Tariffs and Trade (GATT)

Description:

"The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas."

On January 1, 1995, the World Trade Organization (WTO) became the successor of GATT.

Source:
https://en.wikipedia.org/wiki/General_Agreement_on_Tariffs_and_Trade

Added to timeline:

Date:

oct 30, 1947
Now
~ 77 years ago