The document discusses the World Trade Organization (WTO). It notes that the WTO was formed in 1995 and took over responsibilities from the General Agreement on Tariffs and Trade (GATT). The primary objectives of the WTO are to promote multilateral trade and free trade by reducing tariffs and other trade barriers. The document also discusses the Doha Round, launched in 2001, which aimed to make globalization more inclusive and help the world's poor through reducing barriers in agriculture. Negotiations for the Doha Round have been ongoing since 2001 but have faced many delays and challenges.