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World Trade Centre

PGDIB - I
World Trade Centre
 WTO was created on 1st January, 1995.
 It has 151 members as on July, 2007.
 WTO has 3 primary objectives:
 To promote trade flows by encouraging nations to
adopt non-discriminatory and predictable trade
policies.
 To reduce trade barriers through multilateral
negotiation.
 To establish imparting procedures for resolving
trade disputes among members.
World Trade Centre
 WTO’s trading system principles:
 Without discrimination
 Free Trade
 Predictable
 More Competitive
 Beneficial for less developed
countries