The World Trade Organization (WTO) regulates international trade and was established in 1995 to replace the General Agreement on Tariffs and Trade (GATT). The WTO has four main objectives: to improve living standards, ensure full employment, enlarge production and trade, and increase trade of goods and services. It aims to create a fair and transparent trading system and resolve disputes among member countries to promote global free trade and a stable world economy. The WTO is governed by a General Council and has councils focused on trade in goods, services, and intellectual property as well as a dispute settlement body.

1. Topic :- WORLD TREAD ORGANIZATION

3. INTRODUCTION
The World Trade Organization (WTO)
is an intergovernmental organization which
regulates international trade.
The WTO officially commenced on 1
January 1995 under the Marrakesh
Agreement, signed by 123 nations on 15
April 1994, replacing the General
Agreement on Tariffs and Trade (GATT),
which commenced in 1948.

4. Organizational Structure
General Council
Council for Trade
in Goods
Council for Intellectual
Property Rights in Trade
Council for Trade
In Servfices
GC: Dispute
Settlement Body
GC: Trade Policy
Review Body
Ministerial Conference

5. 1. General council:
The ministerial conference give
the authority of direction to general
director in the general council. General
director has composed representatives of
all the member of general council.
2. Dispute settlement:
General director is also execute
the act of dispute settlement body and
create equal environment of there.

6. Objectives
The important objectives of WTO are:
 To improve the standard of living of
people in the member countries.
To ensure full employment and broad
increase in effective demand.
To enlarge production and trade of
goods.
To increase the trade of services.

7. To ensure optimum utilization of world
resources.
To protect the environment.
To accept the concept of sustainable
development.

8. Functions
Create a fair rule based and transfarant
trading system.
Rise the leaving of standard of member
countries
Expand world production and trade.
Increase employment among member
countries.
Maximum use of nation resources of the
world.

9. To promote the world economy.
Work on global free trade.
Give stability to world economy.
Solve the trade problem among countries.
Promote world trade in a manner that
benefit every member nation.

10. Principles
 Trade without discrimination
1. Most- favoured-nation (MFN)
2. National treatment
 Freer trade
 Predictability
 Promoting fair competition
 To set up an impartial means of settling
disputes

11. Ministerial conferences

12. Ministerial conferences
# Date Host City
1st 9–13 December 1996 Singapore
2nd 18–20 May 1998 Geneva, Switzerland
3rd
30 November – 3 December
1999
Seattle, United States
4th 9–14 November 2001 Doha, Qatar
5th 10–14 September 2003 Cancún, Mexico

13. 6th 13–18 December 2005 Hong Kong
7th
30 November – 2
December 2009
Geneva, Switzerla
nd
8th 15–17 December 2011
Geneva, Switzerla
nd
9th 3–6 December 2013 Bali, Indonesia
10th 15–18 December 2015 Nairobi, Kenya