History of WTO is describe through this Infographic

1. Fate of Global trade will be reviewed in the Kenyan
capital starting tomorrow.
DOHA ROUND
 Developing countries to
cut import duties on
agricultural product.
Developed countries to
lower farm subsidies.
 A cut in custom duties
on individual goods.
 Reworked rule for
services to ensure easy
movement of
professionals across
borders & opening
more sectors to FDI
1995
1995 ! WTO is born,
replaces General
Agreement on Trade &
Tariffs (GATT)
1997 ! Deal
reached on
telecom &
Information
technology
2000 ! Doha Round
is born, aims to
conclude deal in
2005
2003 ! In Cancun, African
Counties block move to
include new issues such
as trade facilitation, Govt
procurement,
investment &
competition policy
Trade Ministers from over
160 COUNTRIES
Attempt to break a deadlock faced
faced
By the 20-years-old agency
2015
2014 ! BJP Govt
blocks trade
facilitation deal but
Agrees after the
peace clause tenure
is made permanent
2013 ! Amid Stalemate
on major issues, trade
ministers agrees on
trade facilitation deals
for easier clearance of
goods at ports and
airports.in return, India
gets a “peace Clause”
for four years.
* Source of this data is Times Of India &
Ministry Of Commerce