The World Trade Organization (WTO) is the only
global international organization dealing with
the rules of trade between n...
WHY AND HOW ?
The clarification, strengthening & extension of
GATT rules saw the creation of the World Trade
Organisation ...
PRINCIPLES OF WTO
1. NON-DISCRIMINATION
2. TRANSPARENCY
3. ENFORCEABLE COMITMENTS
4. SAFETY VALUES
SAFETY VALUES
• GOODS & SERVICE MEANT FOR
NONECONOMIC OBJECTIVES
• INDUSTRIES LIKELY TO BE INJURED BY
COMPETITION FROM IMP...
OBJECTIVES
• RAISING STANDARD OF LIVING AND INCOME
• INTRODUCE SUSTAINABLE DEVELOPMENT
• PROMOTE TRADE FLOWS
• ESTABLISH P...
FUNCTIONS
• Administering WTO trade
agreements
• Forum for trade negotiations
• Handling trade disputes
• Technical assist...
THREATS
• WTO DICTATES POLICIES
• JOBS ARE DESTORYED AND POVERTY
WORSENED
• SMALL COUNTRIES ARE BECOMING
HELPLESS
• WTO IS...
OPPORTUNITIES
1. Peace
2. Income
3. Cost of living
4. Choice
Continue.....
5. Disputes
6. Growth and jobs
7. Efficiency
Wto
Wto
Wto
Upcoming SlideShare
Loading in …5
×

Wto

751 views

Published on

Published in: Business
  • Be the first to comment

Wto

  1. 1. The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
  2. 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.
  3. 3. PRINCIPLES OF WTO 1. NON-DISCRIMINATION 2. TRANSPARENCY 3. ENFORCEABLE COMITMENTS 4. SAFETY VALUES
  4. 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. 5. OBJECTIVES • RAISING STANDARD OF LIVING AND INCOME • INTRODUCE SUSTAINABLE DEVELOPMENT • PROMOTE TRADE FLOWS • ESTABLISH PROCEDURES FOR SOLVING TRADE DISPUTES
  6. 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. 7. THREATS • WTO DICTATES POLICIES • JOBS ARE DESTORYED AND POVERTY WORSENED • SMALL COUNTRIES ARE BECOMING HELPLESS • WTO IS UNDEMOCRATIC • COMMERCIAL INTEREST AFFECTS ENVIRONMENT
  8. 8. OPPORTUNITIES 1. Peace 2. Income 3. Cost of living 4. Choice
  9. 9. Continue..... 5. Disputes 6. Growth and jobs 7. Efficiency

×