The Multilateral Trading System:
50 years of achievement
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The Dillon Round, Geneva, 1960-61
Move on a decade, skip one round. By the time they reached their fifth tariff negotiation, GATT signatories decided to give the talks a name.
The negotiations launched in Geneva on 1 September 1960 were to become known as the Dillon Round, after C Douglas Dillon, US undersecretary of state under President Eisenhower, and Treasury Secretary under President Kennedy (who took office during the round in January 1961). By then the European Community had been set up and was beginning to match the United States' economic clout.
This photo shows participants at the inaugural meeting.
(The fourth round had been held in Geneva in 1956.)