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The economists Harry White (left) and John Maynard Keynes at the Bretton Woods Conference [27]. The WTO precursor General Agreement on Tariffs and Trade (GATT) was established by a multilateral treaty of 23 countries in 1947 after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation—such as the World Bank (founded 1944) and the ...
The original members of the World Trade Organization are the parties to the General Agreement on Tariffs and Trade (GATT) after ratifying the Uruguay Round Agreements, [1] and the European Communities. They obtained this status at the entry into force on 1 January 1995 or upon their date of ratification.
Since the World Trade Organization's decisions are made by member states, either through a Ministerial Conference or through the General Council, the director-general has little power over matters of policy – the role is primarily advisory and managerial in nature. The director-general supervises the WTO secretariat of about 700 staff and is ...
A ministerial conference of the World Trade Organization, in the Palace of Nations (Geneva, Switzerland).. The following is a list of the major existing intergovernmental organizations (IGOs).
The WTO report concludes that protectionism is not an effective path to inclusiveness, but an expensive way to protect specific jobs that can raise costs for other sectors and risk retaliation ...
2014: Trade and development: recent trends and the role of the WTO; 2015: Speeding up trade: benefits and challenges of implementing the WTO Trade Facilitation Agreement; 2016: Levelling the trading field for SMEs; 2017: Trade, technology and jobs; 2018: The future of world trade - How digital technologies are transforming global commerce
China became a member of the World Trade Organization (WTO) on 11 December 2001, [1] after the agreement of the Ministerial Conference. [2] The admission was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy.
Labour standards in the World Trade Organization are binding rules, which form a part of the jurisprudence and principles applied within the rule making institutions of the World Trade Organization (WTO). Labour standards play an implicit, but not an overt role within the WTO, however it forms a prominent issue facing the WTO today, and has ...