It established significantly higher standards of intellectual property protection. - The agreement was merely symbolic and not legally binding. - It aimed to make further changes in the telecommunications and financial services sectors. - It established business and investment procedures.
The Uruguay Round's main goals were to reduce agricultural subsidies. to remove barriers to foreign investment to begin the process of establishing trade in services such as banking and insurance.
The following are the key features of the Uruguay Round Final Settlement: Agri-trade agreement to improve market access, reduce export subsidies and tariffs, and eliminate non-tariff barriers. An agreement on textiles that emphasizes the gradual removal of quota restrictions.
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