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W.T.O.(World Trade Organization)
                 Formation            January 1, 1995

                 Headquarters         Centre William
                                      Rappard, Geneva,Switzer
                                      land

                 Membership           157[1] member states

                 Official languages   English, French, Spanish[
                                      2]

                 Director-General     Pascal Lamy

                 Budget               196 million Swiss
                                      francs (approx. 209
                                      million USD) in 2011.[3]

                 Staff                640[4]

                                                             1
I) From G.A.T.T to W.T.O.
    A/ History and background
    B/ The case for open trade

II) W.T.O.: an organization with principles and values
    A/ Organization and membership
    B/ Principles & values

III) W.T.O.: what it does nowadays
     A/ 10 things the WTO wants to do
     B/ Doha development agenda



                                                         2
I) From G.A.T.T to W.T.O.
A/ History and background
                                               Bretton Woods




                             I.M.F           World Bank(I.B.R.D.)            I.T.O.




                                                                    G.A.T.T. in 1947
 Why was G.A.T.T. created?

 -Learning the lessons from WWII and the Great Depression:
 reduce and bind customs tariffs, trade liberalization! and
 correcting the legacy of protectionist measures which remained
 in place from the early 1930s.

                                                                                 3
4
- GATT & trade negotiation rounds




                                    5
When the G.A.T.T. evolved to the W.T.O.




                                          6
• B/ The case for open trade
    -Economic theories since the XIX century (from Ricardo to Paul Krugman)
       based on the comparative advantage !

    -Statistics:




World trade and production have accelerated
Both trade and GDP fell in the late 1920s, before bottoming out in 1932. After World War II, both have
risen exponentially, most of the time with trade outpacing GDP.
(1950 = 100. Trade and GDP: log scale)
                                                                                                         7
- G.A.T.T.’s outcome :
Exports grew on average by 6% annually !
Total trade in 2000 was 22-times the level of 1950.




But G.A.T.T. specialized on goods => services? Non tariffs barriers?
   Agriculture? Textile? Intellectual property?


                                                                       8
-In 1995 : W.T.O. At the Marrakesh declaration
   The Secretariat budget for 2012 is: 196 million Swiss francs for a staff of 640 persons
   (economic analysis and advices based on trade data they gather)



Chart 1 — World merchandise trade volume, 2005Q1-2013Q4
Seasonally adjusted index, 2005Q1=100




Source: WTO Secretariat.




                                                                                             9
• Basically: It’s an organization for liberalizing
   trade.
It’s a set of rules … it’s a negotiating forum…
   And it helps to settle disputes …




                                                     10
II) W.T.O.: an organization with principles and values
A/ Organization and membership




                                                          11
- 157 nations (2012) participate of a member-driven
  organization => CONSENSUS
- D.S.B.: equitable, fast, effective, mutually acceptable




                                                            12
B/ Principles & values
•   The trading system should be ...
•    without discrimination — a country should not discriminate between its trading
    partners (giving them equally “most-favoured-nation” or MFN status); and it
    should not discriminate between its own and foreign products, services or
    nationals (giving them “national treatment”);
•    freer — barriers coming down through negotiation;
•    predictable — foreign companies, investors and governments should be confident
    that trade barriers (including tariffs and non-tariff barriers) should not be raised
    arbitrarily; tariff rates and market-opening commitments are “bound” in the WTO;
•    more competitive — discouraging “unfair” practices such as export subsidies and
    dumping products at below cost to gain market share;
•    more beneficial for less developed countries — giving them more time to adjust,
    greater flexibility, and special privileges.




                                                                                      13
III) W.T.O.: what it does nowadays

   A/ WTO's main activities are:
— negotiating the reduction or elimination of obstacles to trade (import tariffs,
other barriers to trade) and agreeing on rules governing the conduct of
 international trade (e.g. antidumping, subsidies, product standards, etc.)
— administering and monitoring the application of the WTO's agreed rules for
trade in goods, trade in services, and trade-related intellectual property rights

— settling disputes among our members regarding the interpretation and
application of the agreements
— building capacity of developing country government officials in international
trade matters

— conducting economic research and collecting and disseminating trade data in
support of the WTO's other main activities

                                                                                    14
B/ Doha development agenda

  • General Agreement on Tariffs and Trade (GATT): Agriculture,
  goods and services (GATS-on trade and services)
  • Sanitary and phytosanitary (SPS) measures
  • Textiles and clothing
  • Technical barriers to trade (Technical assistance for least-
  developed countries)
  • Trade-related investment measures (TRIMs) (“to consider
  positively” requests from least-developed countries to extend the
  seven-year transition period)
  • Anti-dumping (GATT Article 6)
  • Subsidies and countervailing measures
  • Trade-related aspects of intellectual property rights (TRIPS)

These negotiations are on standby…
                                                                      15
Conclusion
• Political, economic and historical background.
• Member-driven and pro-trade institution.
• Trade flows as smoothly, predictably and
  freely as possible.

• http://www.wto.org/english/thewto_e/acc_e/
  acc_internship_e.htm


                                               16

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Wto

  • 1. W.T.O.(World Trade Organization) Formation January 1, 1995 Headquarters Centre William Rappard, Geneva,Switzer land Membership 157[1] member states Official languages English, French, Spanish[ 2] Director-General Pascal Lamy Budget 196 million Swiss francs (approx. 209 million USD) in 2011.[3] Staff 640[4] 1
  • 2. I) From G.A.T.T to W.T.O. A/ History and background B/ The case for open trade II) W.T.O.: an organization with principles and values A/ Organization and membership B/ Principles & values III) W.T.O.: what it does nowadays A/ 10 things the WTO wants to do B/ Doha development agenda 2
  • 3. I) From G.A.T.T to W.T.O. A/ History and background Bretton Woods I.M.F World Bank(I.B.R.D.) I.T.O. G.A.T.T. in 1947 Why was G.A.T.T. created? -Learning the lessons from WWII and the Great Depression: reduce and bind customs tariffs, trade liberalization! and correcting the legacy of protectionist measures which remained in place from the early 1930s. 3
  • 4. 4
  • 5. - GATT & trade negotiation rounds 5
  • 6. When the G.A.T.T. evolved to the W.T.O. 6
  • 7. • B/ The case for open trade -Economic theories since the XIX century (from Ricardo to Paul Krugman) based on the comparative advantage ! -Statistics: World trade and production have accelerated Both trade and GDP fell in the late 1920s, before bottoming out in 1932. After World War II, both have risen exponentially, most of the time with trade outpacing GDP. (1950 = 100. Trade and GDP: log scale) 7
  • 8. - G.A.T.T.’s outcome : Exports grew on average by 6% annually ! Total trade in 2000 was 22-times the level of 1950. But G.A.T.T. specialized on goods => services? Non tariffs barriers? Agriculture? Textile? Intellectual property? 8
  • 9. -In 1995 : W.T.O. At the Marrakesh declaration The Secretariat budget for 2012 is: 196 million Swiss francs for a staff of 640 persons (economic analysis and advices based on trade data they gather) Chart 1 — World merchandise trade volume, 2005Q1-2013Q4 Seasonally adjusted index, 2005Q1=100 Source: WTO Secretariat. 9
  • 10. • Basically: It’s an organization for liberalizing trade. It’s a set of rules … it’s a negotiating forum… And it helps to settle disputes … 10
  • 11. II) W.T.O.: an organization with principles and values A/ Organization and membership 11
  • 12. - 157 nations (2012) participate of a member-driven organization => CONSENSUS - D.S.B.: equitable, fast, effective, mutually acceptable 12
  • 13. B/ Principles & values • The trading system should be ... • without discrimination — a country should not discriminate between its trading partners (giving them equally “most-favoured-nation” or MFN status); and it should not discriminate between its own and foreign products, services or nationals (giving them “national treatment”); • freer — barriers coming down through negotiation; • predictable — foreign companies, investors and governments should be confident that trade barriers (including tariffs and non-tariff barriers) should not be raised arbitrarily; tariff rates and market-opening commitments are “bound” in the WTO; • more competitive — discouraging “unfair” practices such as export subsidies and dumping products at below cost to gain market share; • more beneficial for less developed countries — giving them more time to adjust, greater flexibility, and special privileges. 13
  • 14. III) W.T.O.: what it does nowadays A/ WTO's main activities are: — negotiating the reduction or elimination of obstacles to trade (import tariffs, other barriers to trade) and agreeing on rules governing the conduct of international trade (e.g. antidumping, subsidies, product standards, etc.) — administering and monitoring the application of the WTO's agreed rules for trade in goods, trade in services, and trade-related intellectual property rights — settling disputes among our members regarding the interpretation and application of the agreements — building capacity of developing country government officials in international trade matters — conducting economic research and collecting and disseminating trade data in support of the WTO's other main activities 14
  • 15. B/ Doha development agenda • General Agreement on Tariffs and Trade (GATT): Agriculture, goods and services (GATS-on trade and services) • Sanitary and phytosanitary (SPS) measures • Textiles and clothing • Technical barriers to trade (Technical assistance for least- developed countries) • Trade-related investment measures (TRIMs) (“to consider positively” requests from least-developed countries to extend the seven-year transition period) • Anti-dumping (GATT Article 6) • Subsidies and countervailing measures • Trade-related aspects of intellectual property rights (TRIPS) These negotiations are on standby… 15
  • 16. Conclusion • Political, economic and historical background. • Member-driven and pro-trade institution. • Trade flows as smoothly, predictably and freely as possible. • http://www.wto.org/english/thewto_e/acc_e/ acc_internship_e.htm 16