World Trade Organisation PPT
The World Trade Organization is an intergovernmental organization that is concerned with the regulation of international trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business.
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
4. Road Map:
The World Trade
Organization
(WTO) is the only
international
organization dealing
with the
global rules of trade
between
nations. Its main
function is to
Ensure that trade
flows as smoothly,
predictably and freely
as possible.
5. In the presentation
About WTO
Fact file of WTO
Why WTO?
Objectives & Functions of WTO
Principles of WTO
Role of WTO
Structure of WTO
Trim & Trips of WTO
Relevance of WTO
Agreements of WTO
6. About WTO
The World Trade Organization (WTO) is an
intergovernmental organization which regulates
international trade. The World trade Organization
officially commenced on 1 January 1995 under the
Marrakesh Agreement, signed by 123 nations on 15
april 1994, replacing the General Agreement on
Tariff and Trade(GATT), which commenced in
1948.
7. Fact File Of WTO
Formation: 1 January 1995
Type: International trade organization
Purpose: Regulate international trade
Headquarter: Geneva, Switzerland
Membership: 164 member states
Staff : 640
8. Why WTO?
To arrange the implementation, administration and
operations of trade agreements.
Settlement of disputes.
Trade relations in issues deal with under the agreements.
To create more together relationship with all nations in
respect of global economic.
9. Objectives of WTO
The primary aim of WTO is to implement the
world trade agreement.
To accept the concept of sustainable
development.
To enlarge production and trade of goods.
Increase living standards of people.
10. Functions of WTO
To ensure optimum utilization of
world resources.
To assist international organisation
such as IMF & IBRD.
Monitoring national trade policies.
Handling trade disputes.
11. Role of WTO
The main goal of WTO is to help the trading industry
to become smooth, fair, free and predictable. It was
organized to become the administrator of multilateral
trade and business agreements between its member
nations. It also tries to resolve trade disputes between
member nations.
Tariff and other regulations should be applied to
imported or exported goods with out discrimination
among countries.
13. Relevance of WTO
The system allows disputes to be handled
constructively.
Trade raises incomes.
The system helps promote peace.
Trade stimulates economic growth and that can
be good news for employment.
14. Agreements of WTO
The agreement on agriculture (AOG)
Agreement on Trade-Rlated Aspects of
Intellectual Property Rights (TRIPS)
Agreement on Technical Barriers to Trade
(TBT)
Agreement on Trade Related Investment
Measures (TRIM)