The General Agreement on Tariffs and Trade (GATT) is an international agreement that was established in 1947 to promote international trade. It has been the foundation for the World Trade Organization (WTO) since its creation in 1995. The GATT accord of 1993 was an important milestone in international trade relations, as it furthered the liberalization of trade and reduced trade barriers.

Under the GATT accord of 1993, member countries agreed to reduce tariffs and other trade barriers to increase trading opportunities. This was achieved through the Uruguay Round of trade negotiations that took place from 1986 to 1994. The Uruguay Round was the largest trade negotiation in history, involving 123 countries and covering 15 different areas of trade.

One of the main outcomes of the GATT accord of 1993 was the creation of the World Trade Organization (WTO). The WTO is an international organization that supervises trade agreements and resolves disputes among member countries. It serves as a forum for negotiating new trade agreements and enforcing existing ones.

Another important aspect of the GATT accord of 1993 was the Agreement on Agriculture. This agreement aimed to reduce trade-distorting subsidies and tariffs in the agricultural sector. It also aimed to improve market access for agricultural products from developing countries.

The GATT accord of 1993 also addressed intellectual property rights (IPR) protection. Member countries agreed to strengthen protection of IPR, which includes patents, trademarks, and copyrights. This was necessary to help protect the interests of artists, inventors, and other creators of intellectual property.

There were also several other agreements that came out of the GATT accord of 1993, such as the Agreement on Technical Barriers to Trade, the Agreement on Sanitary and Phytosanitary Measures, and the Agreement on Textiles and Clothing.

Overall, the GATT accord of 1993 called for increased liberalization of international trade and reduced trade barriers. It was an important agreement that helped to establish the framework for the World Trade Organization and promote free trade between countries.