The results of the Uruguay Round are the creation of the World Trade Organization (WTO), the agreement on aspects of intellectual property rights exchanges, the Agreement on the Protection of Intellectual Property Rights, TRIPS and GATS. After the Second World War, there was a consensus among industrialized countries on the need to promote the peaceful coexistence of nations through economic interdependencies. Originally, an International Trade Organization (ITO) was created and the Havana Charter, which called for prosperity, peace, employment and fair social standards, was adopted, but its entry into force failed in the U.S. Congress. On August 4, 2017, the Trump administration officially announced to the United Nations that the United States intends to withdraw from the Paris Agreement as soon as it is legally entitled to it.  The formal declaration of resignation could not be submitted until after the agreement for the United States came into force on November 4, 2019 for a three-year date.   On November 4, 2019, the U.S. government filed the withdrawal notice with the Secretary-General of the United Nations, custodian of the agreement, and formally withdrew from the Paris Agreement a year later, when the withdrawal came into effect.  After the November 2020 elections, President-elect Joe Biden promised to reinstate the United States in the Paris Agreement for his first day in office and renew the U.S. commitment to climate change mitigation.   Negotiators of the agreement stated that the INDCs presented at the time of the Paris conference are insufficient and found that “estimates of aggregate greenhouse gas emissions in 2025 and 2030, resulting from planned contributions at the national level, do not fall into scenarios at 2oC of the lowest cost, but lead to a projected level of 55 gigatonnes in 2030.” and acknowledges that “much greater efforts to reduce emissions will be needed to keep the increase in the global average temperature below 2 degrees Celsius, by reducing emissions to 40 gigatonnes or 1.5 degrees Celsius.”  [Clarification needed] The EU and its Member States are individually responsible for ratifying the Paris Agreement. There was a strong preference for the EU and its 28 Member States to simultaneously table their ratification instruments to ensure that neither the EU nor its Member States commit to commitments that belong exclusively to the other and there was concern that there was a disagreement on each Member State`s share of the EU-wide reduction target. just as Britain`s vote to leave the EU could delay the Paris pact.
 However, on 4 October 2016, the European Parliament approved the ratification of the Paris Agreement and the EU tabled its ratification instruments on 5 October 2016 with several EU Member States.  It should consider whether the state`s environmental or other requirements are commercially neutral and whether there are other conditions that would further encourage foreign investors.