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The World Trade Organization (WTO) is the only global

international organization dealing with the rules of trade
between nations. At its heart are the WTO agreements,
negotiated and signed by the bulk of the world͛s trading
nations and ratified in their parliaments. The goal is to help
producers of goods and services, exporters, and importers
conduct their business.

The WTO is the embodiment of the Uruguay Round results and

the successor of the General Agreement on Tariffs and Trade
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ðtandard of living, income, employment, production and trade,
world resources
ð ntroduce ustainable
evelopment
ðetter share of growth in world trade
ðromote trade flows
ðolving trade disputes

 


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ðultilateral agreements
ðultilateral trade negotiations
ðTrade disputes
ðOverseeing national trade policies
ðooperating
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et of rules. o institutional
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ultilateral instrument.
elective nature
lexibility to optout

ispute ettlement system
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ermanent institution
ommitments are full and
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Trade in services and trade related
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All agreements are multilateral
ingle undertaking
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A   is a type of intergovernmental agreement, often

part of a regional intergovernmental organization, where
regional barriers to trade (tariffs and non tariff barriers) are
reduced or eliminated among the participating states.

 

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