WTO
Made By :
Mohit Mahajan
What is the World Trade
Organization ?
The World Trade Organization (WTO) deals
with the rules of trade between nations at a
global or near-global level. But there is more
to it than that.
• Is it a bird, is it a plane?
• Born in 1995, but not so young
What WTO Is ?
• There are a number of ways of looking at the
World Trade Organization. It is an organization
for trade opening. It is a forum for
governments to negotiate trade agreements.
It is a place for them to settle trade disputes.
It operates a system of trade rules. Essentially,
the WTO is a place where member
governments try to sort out the trade
problems they face with each other.
What WTO Does ?
• Trade negotiations
• Implementation and monitoring
• Dispute settlement
• Building trade capacity
• Outreach
WTO Stands For
• Non-discrimination
• More open
• Predictable and transparent
• More competitive
• More beneficial for less developed countries
• Protect the environment
FUNCTIONS OF THE WTO
• Administering trade agreements .
• Acting as a forum for trade negotiations .
• Revieing national trade policies .
• Assisting developing countries in trade policy
issues , through technical assistance and
training programmes .
• Cooperatiing with other international
organizations .
The WTO's main activities are
• Negotiating the reduction or elimination of obstacles to trade and
agreeing on rules governing the conduct of international trade.
• administering and monitoring the application of the WTO's agreed rules
for trade in goods, trade in services, and trade-related intellectual property
rights
• monitoring and reviewing the trade policies of our members, as well as
ensuring transparency of regional and bilateral trade agreements
• settling disputes among our members regarding the interpretation and
application of the agreements
• building capacity of developing country government officials in
international trade matters
• assisting the process of accession of some 30 countries who are not yet
members of the organization
• explaining to and educating the public about the WTO, its mission and its
activities.
Things the WTO can do
• The WTO can ... cut living costs and raise
living standards
• The WTO can ... ….settle disputes and reduce
trade tensions
• The WTO can ... stimulate economic growth
and employment
• The WTO can ... cut the cost of doing business
internationally
• The WTO can ... encourage good governance
• The WTO can ... help countries develop
• The WTO can ... give the weak a stronger
voice
• The WTO can ... support the environment and
health
• The WTO can ... contribute to peace and
stability
• The WTO can ... be effective without hitting
the headlines
OVER VIEW
• Over the past 60 years, the WTO, which was
established in 1995, and its predecessor organization
the GATT have helped to create a strong and
prosperous international trading system, thereby
contributing to unprecedented global economic
growth. The WTO currently has 164 members, of which
117 are developing countries or separate customs
territories. WTO activities are supported by a
Secretariat of some 700 staff, led by the WTO Director-
General. The Secretariat is located in Geneva,
Switzerland, and has an annual budget of
approximately CHF 200 million ($180 million). The
three official languages of the WTO are English, French
and Spanish.
THANK YOU

WTO

  • 1.
  • 2.
    What is theWorld Trade Organization ? The World Trade Organization (WTO) deals with the rules of trade between nations at a global or near-global level. But there is more to it than that.
  • 3.
    • Is ita bird, is it a plane? • Born in 1995, but not so young
  • 4.
    What WTO Is? • There are a number of ways of looking at the World Trade Organization. It is an organization for trade opening. It is a forum for governments to negotiate trade agreements. It is a place for them to settle trade disputes. It operates a system of trade rules. Essentially, the WTO is a place where member governments try to sort out the trade problems they face with each other.
  • 5.
    What WTO Does? • Trade negotiations • Implementation and monitoring • Dispute settlement • Building trade capacity • Outreach
  • 6.
    WTO Stands For •Non-discrimination • More open • Predictable and transparent • More competitive • More beneficial for less developed countries • Protect the environment
  • 7.
    FUNCTIONS OF THEWTO • Administering trade agreements . • Acting as a forum for trade negotiations . • Revieing national trade policies . • Assisting developing countries in trade policy issues , through technical assistance and training programmes . • Cooperatiing with other international organizations .
  • 8.
    The WTO's mainactivities are • Negotiating the reduction or elimination of obstacles to trade and agreeing on rules governing the conduct of international trade. • administering and monitoring the application of the WTO's agreed rules for trade in goods, trade in services, and trade-related intellectual property rights • monitoring and reviewing the trade policies of our members, as well as ensuring transparency of regional and bilateral trade agreements • settling disputes among our members regarding the interpretation and application of the agreements • building capacity of developing country government officials in international trade matters • assisting the process of accession of some 30 countries who are not yet members of the organization • explaining to and educating the public about the WTO, its mission and its activities.
  • 9.
    Things the WTOcan do • The WTO can ... cut living costs and raise living standards • The WTO can ... ….settle disputes and reduce trade tensions • The WTO can ... stimulate economic growth and employment • The WTO can ... cut the cost of doing business internationally • The WTO can ... encourage good governance
  • 10.
    • The WTOcan ... help countries develop • The WTO can ... give the weak a stronger voice • The WTO can ... support the environment and health • The WTO can ... contribute to peace and stability • The WTO can ... be effective without hitting the headlines
  • 11.
    OVER VIEW • Overthe past 60 years, the WTO, which was established in 1995, and its predecessor organization the GATT have helped to create a strong and prosperous international trading system, thereby contributing to unprecedented global economic growth. The WTO currently has 164 members, of which 117 are developing countries or separate customs territories. WTO activities are supported by a Secretariat of some 700 staff, led by the WTO Director- General. The Secretariat is located in Geneva, Switzerland, and has an annual budget of approximately CHF 200 million ($180 million). The three official languages of the WTO are English, French and Spanish.
  • 12.