The World Trade Organization (WTO), established on January 1, 1995, succeeded the General Agreement on Tariffs and Trade (GATT) to oversee and liberalize international trade. The WTO has a formal structure and governs trade in goods, services, and intellectual property, contrasting with GATT's limited scope and framework. For Bangladesh, which is classified as a least developed country, the WTO's regulations significantly influence its economy, particularly concerning market access and external trade factors.

1. Welcome To The Presentation
The World Trade Organization (WTO)

2. Submitted By
NAME………………………….ID

3. The World Trade Organization
TheWorld TradeOrganization (WTO)is an organizationthatintends to supervise
and liberalizeinternational trade.Theorganizationofficiallycommencedon 1
January1995 undertheMarrakechAgreement,replacingtheGeneral Agreement
on Tariffs and Trade(GATT),which commencedin1948

4. History of the WTOGATT system
was established after World War II in the wake of other new multilateral
institutions dedicated to international economic cooperation

5. GATT,1947………….
the ITO was stillborn the provisional agreement for the ITO,
the General Agreement on Tariffs and Trade (GATT) became
the agreement and the organization for establishing and
enforcing, through dispute settlement, the international trade
rules.

6. GATT rounds negotiation………

7. GATT Rounds,
Multilateral Trade Negotiations
round dates Number of
participants
Average
tariff cut
Geneva 1947 23 35
Annecy 1949 13 NA
Torquay 1950-1951 38 25
Geneva 1956 26 NA
Dillon 1960-1962 45 NA
kennedy 1964-1967 62 35
Tokyo 1973-1979 99 33
Uruguay 1986-1994 117 36

8. Uruguay Round……….

9. Doha Round………

10. The Fourth (Doha) Ministerial
Conference………….

11. Difference between GATT and
WTO…………….

12. Difference between GATT and
WTO…………
NAME GATT WTO
FULL FORM General Agreement on
Tariffs and Trade
World Trade Organization
YEAR 1948 1995
PURPOSE To strengthen
international trade.
To govern GATT and
international trade
practices.
FRAME WORK No permanent structure
or framework.
Has a permanent
structure with a
permanent framework.
SCOPE Trade in goods. Trade in goods; trade in
services and trade-
related aspects of
intellectual property
rights.

13. WTO and Bangladesh……….
As a least developed country (LDC), Bangladesh is largely
affected by rules and regulations set by the WTO. External
factors such as export, import, remittances, and foreign aid
have always played important roles to Bangladesh’s economy

14. Implication on Bangladesh……….
Bangladesh’s primary offensive interest in the context of Hong
Kong was MARKET ACCESS in the areas industrial goods,
services and agricultural commodities.

15. Outcome for Bangladesh……….

16. Position of Bangladesh…….

17. Economic Environment………

18. 10 benefits of the WTO trading
system……….

19. Conclusion……….
Under WTO rules, once a commitment has been made to
liberalize a sector of trade, it is difficult to reverse. The rules
also discourage a range of unwise policies.

20. Thank you
everyone…….
And thanks for
your
attention