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3/20/2017 SHIMANTO DEB 1
Evolution of the international system of
trade. (GATT, WTO).
3/20/2017 SHIMANTO DEB 2
Topic to be covered………
• Establishment of GATT & WTO
• Function of WATT & WTO
• Objective of WTO & GATT
• Members countries of WTO & GATT
• Role of this organization in development
countries specially Bangladesh
3/20/2017 SHIMANTO DEB 3
Shimanto Deb
3/20/2017 SHIMANTO DEB 4
Establishment of GATT
• In 1947, 30th October.
• Commenced in 1948
• Foundation member with 15 countries
• Expanded member to 23 countries
• In lieu of ITO
• Subscribed by 115 government
• Based on free trade principle
3/20/2017 SHIMANTO DEB 5
Establishment of WTO
• Commenced in 1995
• Started journey in 1st January, 1995
• Located in Geneva, Switzerland.
• Budget was 169 million
• Under Marrakesh Agreement
• Started with 123 countries
• Present Members are 164 countries
3/20/2017 SHIMANTO DEB 6
Members Country of WTO
3/20/2017 SHIMANTO DEB 7
Members Country of GATT
3/20/2017 SHIMANTO DEB 8
Function
WTO
• Maintain trade related
database
• Watch dog of international
trade
• Trade negotiation
• Implementation and
monitoring
• Dispute settlement
• Building trade capacity
• Outreach
GATT
• Restricted coverage
• Protection through tariff
• Dispute settlement but not
effective
• National treatment
• Trade negotiations
3/20/2017 SHIMANTO DEB 9
Objective
WTO
• Trade without discrimination
• Promote free trade
• Increase the level of
productivity
• Special steps to develop the
poor country
• Expand and utilize the world
resources
• Promote multilateral trade
GATT
• Economic Development
• Reduce trade barrier
• Access to agricultural
development
• Ensure better living standard
• Minimize tariff
3/20/2017 SHIMANTO DEB 10
Role of this organization in development
countries specially Bangladesh
WTO
• Help in the development in
economic sector
• Works with hand in hand against
poverty
• Create Employment
• Technical assistant
• Training Advisory program
3/20/2017 SHIMANTO DEB 11
3/20/2017 SHIMANTO DEB 12

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World trade organization

  • 1. Slide Title • Make Effective Presentations • Using Awesome Backgrounds • Engage your Audience • Capture Audience Attention 3/20/2017 SHIMANTO DEB 1
  • 2. Evolution of the international system of trade. (GATT, WTO). 3/20/2017 SHIMANTO DEB 2
  • 3. Topic to be covered……… • Establishment of GATT & WTO • Function of WATT & WTO • Objective of WTO & GATT • Members countries of WTO & GATT • Role of this organization in development countries specially Bangladesh 3/20/2017 SHIMANTO DEB 3
  • 5. Establishment of GATT • In 1947, 30th October. • Commenced in 1948 • Foundation member with 15 countries • Expanded member to 23 countries • In lieu of ITO • Subscribed by 115 government • Based on free trade principle 3/20/2017 SHIMANTO DEB 5
  • 6. Establishment of WTO • Commenced in 1995 • Started journey in 1st January, 1995 • Located in Geneva, Switzerland. • Budget was 169 million • Under Marrakesh Agreement • Started with 123 countries • Present Members are 164 countries 3/20/2017 SHIMANTO DEB 6
  • 7. Members Country of WTO 3/20/2017 SHIMANTO DEB 7
  • 8. Members Country of GATT 3/20/2017 SHIMANTO DEB 8
  • 9. Function WTO • Maintain trade related database • Watch dog of international trade • Trade negotiation • Implementation and monitoring • Dispute settlement • Building trade capacity • Outreach GATT • Restricted coverage • Protection through tariff • Dispute settlement but not effective • National treatment • Trade negotiations 3/20/2017 SHIMANTO DEB 9
  • 10. Objective WTO • Trade without discrimination • Promote free trade • Increase the level of productivity • Special steps to develop the poor country • Expand and utilize the world resources • Promote multilateral trade GATT • Economic Development • Reduce trade barrier • Access to agricultural development • Ensure better living standard • Minimize tariff 3/20/2017 SHIMANTO DEB 10
  • 11. Role of this organization in development countries specially Bangladesh WTO • Help in the development in economic sector • Works with hand in hand against poverty • Create Employment • Technical assistant • Training Advisory program 3/20/2017 SHIMANTO DEB 11