| Dillon Round | |
| Status: | Complete |
| Genre: | Trade Round |
| Date: | 1951 |
| Location: | Torque |
| Country: | England, United Kingdom |
| Prev: | Annecy Round |
| Next: | Geneva Round |
| Participants: | 38 [1] |
The Torquay Round was a multi-year multilateral trade negotiation (MTN) between nation-states that were parties to the GATT. This third round occurred in Torquay, England in 1951.[2] Thirty-eight countries took part in the round. 8,700 tariff concessions were made totalling the remaining amount of tariffs to ¾ of the tariffs which were in effect in 1948. The contemporaneous rejection by the U.S. of the Havana Charter signified the establishment of the GATT as a governing world body.[3] [4]