PRESENTED BY : Sultonboy.  The World trade organisation is an organisation that intends to supervise and liberalise international trade.  WTO was officially.

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Presentation transcript:

PRESENTED BY : Sultonboy

 The World trade organisation is an organisation that intends to supervise and liberalise international trade.  WTO was officially commenced on january 1, 1995  WTO was created by uruguay round negotiation ( ).

 There are total 153 member countrries was counted in the year  Budget 196 million swiss france in the year  Currently there are total 629 staff members are present in WTO.

WTO reiterates the objectives of GATT, some of them are as follows:-  Promote trade flows by encouraging nations to adopt nondiscriminatory and predictable trade policies.  Raising standard of living and income.  Introduce sustainable development.

 Acting as a forum for multilateral trade negotiations.  Seeking to resolve trade disputes.  Acting as a watchdog of international trade.  Maintaining trade related database.

 Cooperating with other international institutions involved in global economic policy making.  Acting as a management consultant for world trade.  Technical assistance and training for developing countries.

PRINCIPLES OF WTO TRANSPAREN CY MFN TREATMENT NATIONAL TREATMENT FREE TRADE PRINCIPLE DISMANTLIN G TRADE BARRIERS RULE BASED TRADING SYSTEM

ORGNISATIONAL STRUCTURE General Council Council for Trade in Goods Council for Intellectual Property Rights in Trade Council for Trade In Servfices GC: Dispute Settlement Body GC: Trade Policy Review Body Ministerial Conference Committee on Budget Committee On trade & development Trade-related intellectual property rights council Council for goods Council for services Committe e on BOP

 Agriculture :- The agreement relating to agriculture is made up of several elements, which seek to reform trade in agriculture.  Health and Safety Measures:- The agreement on the application of Sanitary and Phytosanitary Measures concerns the application of food safety and animal and plant health regulation.

 Textiles and Clothing:- The objective of this agreement is to secure the integration of the textile and clothing sector.  TRIPS :- The WTO agreements of trade related aspects of intellectual property rights recognises that widely varying standards in the protection and enforcement of intellectual property rights and the lack of multilateral disciplines dealing with international trade in counterfeit goods.