Best Practices for Implementing an External Recruiting Partnership
Wto
1. The World Trade Organization (WTO) is the only
global international organization dealing with
the rules of trade between nations.
2. WHY AND HOW ?
The clarification, strengthening & extension of
GATT rules saw the creation of the World Trade
Organisation (WTO) on January 1st 1995 and held
out the promise of more effective policing &
enforcement of the global trading system.
4. SAFETY VALUES
• GOODS & SERVICE MEANT FOR
NONECONOMIC OBJECTIVES
• INDUSTRIES LIKELY TO BE INJURED BY
COMPETITION FROM IMPORTS
• ARTICLES AIMED AT ENSURING FAIR
COMPETITION
• PROVISIONS PERMITTING INTERVENTION IN
TRADE FROM ECONOMIC REASONS.
5. OBJECTIVES
• RAISING STANDARD OF LIVING AND INCOME
• INTRODUCE SUSTAINABLE DEVELOPMENT
• PROMOTE TRADE FLOWS
• ESTABLISH PROCEDURES FOR SOLVING TRADE
DISPUTES
6. FUNCTIONS
• Administering WTO trade
agreements
• Forum for trade negotiations
• Handling trade disputes
• Technical assistance and training
for developing countries
• Cooperation with other
international organizations
7.
8. THREATS
• WTO DICTATES POLICIES
• JOBS ARE DESTORYED AND POVERTY
WORSENED
• SMALL COUNTRIES ARE BECOMING
HELPLESS
• WTO IS UNDEMOCRATIC
• COMMERCIAL INTEREST AFFECTS
ENVIRONMENT