WTO

The purpose of the objectives of the WTO is spelled out in the preamble to Marrakesh Agreement. In a nutshell, these are : To ensure… Read More »Main Objectives of WTO – World Trade Organization

The Organizational structure of the WTO is outlined in the following chart. The Ministerial Conference (MC) is at the top of the structured organization of… Read More »Structure of WTO – World Trade Organization

The distinctive features of WTO – World Trade Organization are : Unlike the GATT, it is a legal entity. Unlike International Monetary Fund (IMF) and… Read More »Features of WTO – World Trade Organization

The General Tariff and Trade Agreement (GATT) was signed in 1947 to facilitate foreign trade, liberalize policies and abolish tariffs. GATT is a multilateral agreement… Read More »Major Difference Between GATT and WTO

The WTO or World Trade Organization is a body comprises of governments controlling international trade among nations. WTO began its operation on 1st January 1995… Read More »WTO – World Trade Organization