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chp14

chp14

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Published by: api-3768662 on Nov 26, 2009
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03/18/2014

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1
hapter Fourteen
C
2
WTO - Past
\ue000Established in 1995, replacing GATT(1947-
94), after 7 years of hard negotiations
(Uruguay Round Agreement)
\ue000Budget - 122 million CHF, Head Office -
Geneva (www.wto.org)
\ue000Objective - Free Trade across the countries
3
FUNCTIONS

\ue000Administration of Trade Agreements
\ue000Forum for Trade Negotiations
\ue000Handling Trade Disputes (DSB of WTO), eg: QR

Removal Dispute b/w India and US
\ue000WTO Agreement 94 - Organisation that seeks to
foster a world where persuation supersedes
coercion

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