About WTO in brief.
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WTO is world trade organization is an international organization which has149 country as a members. It plays a important role iin improving trade quality it make pressure on any any country to remove trade barriers to get the advantage of trade and it was establish ed in 1995.
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The World Trade Organization(WTO) is a global intergovernmental organisation which deals with the rules of trade between nations.The formation of WTO was on 1 January 1995.
The purpose of the WTO is to ensure that global trade commences smoothly, freely and predictably.It offers a system for international commerce.
WTO aims to create economic peace and stability in the world.
Decisions are made by consensus.There is a General Council, a Goods Council, Services Council, and an Intellectual Property Rights Council, which all report to the General Council.Geneva, Switzerland, the Ministerial Committee makes the top decisions.
The WTO works to resolve ,if a trade dispute occurs.The WTO will work to resolve the conflict through negotiations.
The purpose of the WTO is to ensure that global trade commences smoothly, freely and predictably.It offers a system for international commerce.
WTO aims to create economic peace and stability in the world.
Decisions are made by consensus.There is a General Council, a Goods Council, Services Council, and an Intellectual Property Rights Council, which all report to the General Council.Geneva, Switzerland, the Ministerial Committee makes the top decisions.
The WTO works to resolve ,if a trade dispute occurs.The WTO will work to resolve the conflict through negotiations.
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