Question

With the help of the internet, get the following information about the World Trade Organisation – logo, member countries, aims, programmes, etc.​

Answer 1

Answer:

World Trade Organization(WTO) was established on 1 January 1995. There were 77-member countries of WTO on January 1, 1995 which had increased to 164. It's headquarters in Geneva, Switzerland.

The WTO is the successor to the GATT. The GATT was a forum where the member countries met from time to time to discuss and solve world trade problem.

The main aim of these organizations are as follows:

● to ensure linkages between trade policies, environmental policies, and sustainable development.

● It co-operates with the IMF and the world bank.

● Multilateral agreements on trade in goods.

● Agreement on trade-related aspects.

In 1995, India became a member of the World Trade Organisation (WTO).The organization had the following objectives:

1. to free trade between countries.

2. to put to an end all those discriminatory laws, restrictions, rules and policies that are hurdles in the way of international free trade.

3. to regulate global trade with the help of a formal multi-party mechanism.

Answer 2

Answer:

MEMBER COUNTRIES:

The WTO has 164 countries (160 UN countries, EU, Hong Kong, Macau and Taiwan)

OFFICIAL LANGUAGE:

• English
• French
• Spanish

DIRECTOR GENERAL:

• Ngozi Okonjo Lweala

AIM:

• To set and enforce rules for international trade.
• To provide a forum for negotiating and monitoring further trade liberalization.
• To resolve trade disputes.
• To increase the transparency of decision-making processes.

• To cooperate with other major international economic.

PROGRAMMES:

• Building trade capacity.
• Electronic Commerce.
• Joint Initiatives.
• Electronic Commerce.
• Investment facilitation for development.
• Plastics pollution and environmentally sustainable plastics trade.
• Services Domestic Regulation.
• Informal Working Group on MSMEs.
• Trade and environmental sustainability.