WTO PRESENTED BY

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PRAKASH BHENADA
BBA 4
th
SEM.
INTRODUTION
Wto deals with the global rule of trade
between nation.
Ti is main functions is to ensure
that trade flows as smoothly predictably
and freely as possible
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WTO HISTORY AND
GOALS
It was established on jan1st 1995 by replacing
GENERAL AGREEMENT ON TARIFFS AND
TRADE (GATT)
It goals is improve the welfare of the peoples of
the member countries.
There are currently 157member in WTO.
designed to supervise , liberalize international
trade.
Headquarter is located in geneva switzendand



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FACT FILE
LOCATION - GENEVA SWITZERLAND
ESTABLISHED 1 JAN 1995
CREATED BY URUGUAY ROUND
NEGOTIATION (1986-94)
MEMBERSHIP 157 COUNTRIES
BUDGET 196 MILLION SWIZS
FRANCS FOR 2011
HEAD - PASCAL LAMY (DRIECTOR GEN.)
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FUNCTION
Administering WTO trade agreements.
Forum for trade negotiations handling
trade disputes
Monitoring national trade policies
Technical assistance and training for
developing countries
Cooperation with other international
organizations
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WTO Objectives:
Raising standards of living
Ensuring full employment
Ensuring growth of real income and
demand
Expanding production and trade
Sustainable development
Protection of the environment
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WTO: Basic principles
Trade without discrimination
Predictable and growing access to market
Undistorted, fair competition
Special and Differential Treatment(SDT)
Transparency
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GATT


GATT is the
predecessor of WTO
Born in 1948 as a
result of international
desire to liberalize
trade
Lasted until 1994,
when it was replaced
WTO

WTO


World Trade
Organization
The organization
officially commenced
on jan 1st,1995
Deals with regulation
of trade between
participating countries
The WTO has 157
members
Headquarters is the
geneva swizerland

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WTO
Ministerial Conference
Secretariat
Appellate
Body
Dispute
Settlement
Panels
Committees Committees
Goods Council Services Council
TRIPS
Council
CTD (Development)
CTE (Environment)
CRTA (Regionalism)
BOP
Budget
WG (Accessions,
Investment, competition,
Government
Procurement)
General Council TPRB DSB
Director-General
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ARGUMENT IN FAVOUR
OF WTO
Increase in foreign trade.
Increase in agricultural exports.
Increase in inflow of foreign investment.
Improvement in services.
Benefits for clothing & textile
industry.
Inflow of better technology & better
quality
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WTO
Benefits of WTO
System helps to keep peace
Handel Disputes constructively
Based on rules rather than power
Freer trade cuts the cost of living
Give more choices and range to consumers

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PURPOSE

Ensuring that global trade commences
smoothly, freely and predictably. The
WTO creates and embodies the legal
ground rules for global trade among
member nations and thus offers a system
for international commerce

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WTO
CONCLUSION
It will be able to help weak and poor
countries. If it frames articles or roles
for the trande between strong and weak
countries
There are few rules to adjust
the disadvantage that weak countries
taking but it is not still helful.
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