2. • The WTO’s precedes or the general agreement
on tariffs and trade(GATT),was establish after
world war II in the wake of other multilateral
institutions dedicated to International economic
corporation.
• GATT was the only multilateral instrument
governing international trade from 1948 until the
WTO was established on January 1,1995.
3. oThe World trade organization is an organization that
intends to supervise and liberalize international trade
oWTO was officially commenced on january 1, 1995
oWTO was created by uruguay round negotiation
(1986-94).
4. Cont.
There are total 160 member countries
Budget 196 million Swiss francs (approx. 209
million US$) in the year 2011.
Currently there are total 629 staff members are
present in WTO.
5. Map of World Trade Organization
members and observers
Members
Members, dually represented by the European Union
Observers
Non-members
6. WTO
• Promote trade flows by encouraging nations to
adopt non discriminatory and predictable trade
policies.
• Raising standard of living and income.
• Introduce sustainable development.
7. Helping developing and transition economics
Specialized help for Export
WTO In In Global Economic Policy-Making
Acting as a watchdog of international trade.
Giving information to Public
8. Cont.
Cooperating with other international
institutions involved in global economic
policy making.
Acting as a management consultant for
world trade.
Technical assistance and training for
developing countries.
10. ORGNISATIONAL
STRUCTURE
General Council
Council for Trade
in Goods
Council for Intellectual
Property Rights in Trade
GC: Dispute
Settlement Body
Council for Trade
In Services
GC: Trade Policy
Review Body
Ministerial Conference
Committee
on
Budget
Committee
On trade &
developme-nt
Trade-related
intellectual
property
rights council
Council
for
goods
Council
for
services
Committe
e on BOP
11. Agriculture :-
The agreement relating to agriculture is made
up of several elements, which seek to reform
trade in agriculture.
Health and Safety Measures:-
The agreement on the application of Sanitary
and Phytosanitary Measures concerns the
application of food safety and animal and plant
health regulation.
12. Textiles and Clothing:-
The objective of this agreement is to secure the
integration of the textile and clothing sector .
TRIPS :-
The WTO agreements of trade related aspects of
intellectual property rights (TRIPs) recognizes that
widely varying standards in the protection and
enforcement of intellectual property rights and the
lack of multilateral disciplines dealing with
international trade in counterfeit goods.
13. • TRIMS:-
Trade related Investment Measures (TRIMs) are
those restrictions a nation places on foreign
investment that adversely affect trade in goods and
services
• Disputes Settlement:-
The Dispute Settlement Understanding(DSU) is
the legal text that spells out the rules and
procedures for disputes between member
countries.