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The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland [6] that regulates and facilitates international trade. [7] Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System .
The WTO at Ten: The Contribution of the Dispute Settlement System. Cambridge University Press. ISBN 978-0-521-86314-8. Palmeter, David, Petros C. Mavroidis, and Niall Meagher. Dispute Settlement in the World Trade Organization (Cambridge University Press, 2022.) online "Settling Disputes:A Unique Contribution". Understanding the WTO.
The GATT was the only multilateral instrument governing international trade from 1946 until the WTO was established on 1 January 1995. [9] Despite attempts in the mid-1950s and 1960s to create some form of institutional mechanism for international trade, the GATT continued to operate for almost half a century as a semi-institutionalized multilateral treaty regime on a provisional basis. [10]
The WTO and the treaties that make up the bedrock of international trade are being buffeted by powerful political forces and new technologies.
WTO officials hope the first part of the agreement will gain the approval of two-thirds of the WTO's 164 members and come into effect in Abu Dhabi. So far, over half have signed up. E-COMMERCE
International trade is the ... Ports play an important role in facilitating international trade. ... largest trading states according to the World Trade Organization ...
The International Trade Centre (ITC) was established on 1 January 1968. [4] The ITC has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD). The ITC is the focal point for trade-related technical assistance. [5]
The Doha Development Round or Doha Development Agenda (DDA) is the trade-negotiation round of the World Trade Organization (WTO) which commenced in November 2001 under then director-general Mike Moore. Its objective was to lower trade barriers around the world, and thus increase global trade.