The World Trade Organization (WTO) is the only global international
organization that deals with the set of laws of trade between nations.
It holds the WTO
agreements that are negotiated & signed by the bulk of trading nations
of the world & ratified in their parliaments. The aim is to facilitate
producers of goods
& services, importers and exporters to carry out their business.
Who we are?
It is an association for trade opening. It is a medium for governments
to discuss trade agreements. It is a podium for them to resolve trade
disputes.
It functions a system of trade rules. Fundamentally, the World Trade
Organization is a place where member governments attempt to sort out
the trade
problems they face with each other.
What we do?
World Trade Organization is run by its member governments. All main
decisions are made by the membership as a whole, by ministers or by
their delegates or
ambassadors.
What we stand for?
The agreements of World Trade Organization are complex and lengthy
because they are legal texts that cover an extensive range of
activities. But a number
of easy, essential principles run throughout all of these documents.
These principles are the basis of multilateral trading system.
Source: http://www.wto.org/
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