No no. The results of the sectoral negotiations are specific new commitments and/or exemptions for the sector concerned. They are therefore not legally independent of other sectoral obligations and are not different agreements from the GATS. New obligations and exemptions from the MFN were included in existing lists and exception lists in separate GATS protocols. While THE GATT was a set of rules agreed upon by nations, the WTO is an intergovernmental organization with its own headquarters and staff, whose scope covers both traded goods and trade in the service sector and intellectual property rights. Although used for multilateral agreements, multilateral agreements have led to selective exchanges and fragmentation among members in several rounds of negotiations (particularly the Tokyo Round). WTO agreements are generally a multilateral mechanism for the settlement of GATT agreements. [24] In May 1963, ministers agreed on three negotiating objectives for the round: in addition to facilitating tariff reductions, GATT`s contribution to trade liberalization implies „the commitment of tariff reductions negotiated for a longer period (1955 permanent) and the definition of general non-discrimination by the most favoured treatment and status of recipient countries, ensuring greater transparency of trade policies and creating a forum for future negotiations and the peaceful settlement of disputes. All of these have helped to streamline trade policy and reduce trade barriers and political uncertainty.

[4] When the Dillon cycle went through the laborious process of collective bargaining by post, it became clear, well before the end of the cycle, that a more comprehensive approach was needed to address the challenges ahead following the creation of the European Economic Community (EEC) and EFTA, as well as the re-emergence of Europe as a major international distributor in general. The GATT has introduced the principle of the most favoured nation into members` collective agreements. The General Agreement on Tariffs and Trade (GATT), signed on 30 October 1947 by 23 countries, was a legal agreement to minimize barriers to international trade by eliminating or reducing quotas, tariffs and subsidies, while maintaining important rules. The GATT is expected to stimulate economic recovery after the Second World War through the reconstruction and liberalization of world trade. Exceptions may be granted in the form of Article II exceptions. Members could apply for such exemptions before the agreement came into force. New derogations may only be granted to new members at the time of accession or, in the case of current members, by a derogation under Article IX:3 of the WTO agreement. All exceptions are subject to review; they should not, in principle, last more than 10 years.

In addition, the GATS allows groups of members to enter into economic integration agreements or to mutually recognize regulatory standards, certificates and others when certain conditions are met.