What happened to GATT?
The WTO replaced GATT as an international organization, but the General
Agreement still exists as the WTO’s umbrella treaty for trade in goods, updated
as a result of the Uruguay Round negotiations. Trade lawyers distinguish between
GATT 1994, the updated parts of GATT, and GATT 1947, the original agreement
which is still the heart of GATT 1994. Confusing? For most of us, it’s enough to
refer simply to “GATT”.