Today, 58 years ago, on June 30, 1967, the General Agreement on Tariffs and Trade was signed. On June 30, 1967, the General Agreement on Tariffs and Trade was signed in Geneva by 23 countries participating in the Second Session of the Preparatory Committee of the International Trade Organization of the United Nations Economic and Social Council. Article 38 of the General Agreement aims to promote mutually beneficial achievement of member states in order to significantly reduce tariffs and other trade barriers, eliminate discrimination in international trade, promote the full use of world resources, expand commodity production and exchange, increase employment and improve living standards. The General Agreement on Tariffs is a place for multilateral trade negotiations and coordination of disputes. Its main activity is to arrange bilateral negotiations on mutual commodity tax rates and reach concess