WTO

WTO

Introduction

WTO “World Trade Organization” came as a result of GATT negotiations. This organization started in the year of 1955, having the key purpose of extending GATT. WTO is an institution that aims to liberalize and control international trade. It deals with trade regulation among the participating nations, as WTO offers a framework for formalizing and negotiating trade agreements. This organization also helps to resolve several disputes that usually occur between the trades participants. WTO focuses on many issues regarding past trade negotiations, particularly from the Uruguay Round. It is a place where government members can resolve their trading problems by signing ...