PRESENTATION

ON
WORLD TRADE
ORGANISATION

PRESENTED BY: PRABHANSHU TIWARI

GUIDED BY : RAJA YADAV

 INTRODUCTION

THE WORLD TRADE ORGANISATION IS MEMBER DRIVEN

WITH DESCESION TAKEN BY GENERAL AGREEMENT,
AMONG ALL MEMBER OF GOVERNMENT AND IT DEALS
WITH THE RULES OF TRADE BETWEEN NATION AT A
GLOBAL LEVEL .

BUT THERE IS MORE TO IT THAN THAT.

2
 WTO: HISTORY
BEGENING
• THE WORLD TRADE ORGANISATION {WTO} CAME INTO BEIGN ON JANUARY
1ST 1995. IT WAS THE OUTCOME OF THE LENGHTY
{1986-1994} URUGUAY ROUND OF ‘’GATT”” NEGOATATION. THE WTO WAS
ESSENTIALLY AN EXTENSION OF “GATT”.

• The World Trade Organization's predecessor, the General Agreement on

Tariffs and Trade (GATT), was established after World War II in the wake of
other
.
new multilateral institutions dedicated to international economic 3
cooperation – notably the Bretton Woods institutions known as the World
Bank and the International Monetary Fund.
FUNCTION OF W.T.O

 ADMINISTERING “WTO’ TRADE

AGREEMENTS.
 FORUM FOR TRADE NEGOTATIONS.
 MONITORING NATIONAL TRADE POLICIES.
 HANDLING TRADE DISPUTES.
 TECHNICAL ASSISTANCE AND TRAINING
FOR DEVELOPING COUNTRIES.
 COOPERATION WITH OTHER
INTERNATIONAL ORGANISATION. 4
 WORKS OF
W.T.O.
I. INTERGOVERNMERNMENTAL ORGANISATION WHICH REGUALTES THE INTERNATIONAL TRADE.

II. OFFICAIALLY COMENECED ON 1ST JAN 1995 UNDER THE MARRAKESH BAGREEMENT.

III. SIGNED BY 123 NATIONS IN 1994.

IV. WTO HAD REPLACED “GATT” GENERAL AGREEMENT ON TARIFFS AND TRADE.
V. 5
VI. THEY DEALS WITH: AGRICULTURE, TEXTILES,CLOTHING,BANKING, TELECOMMUNICATION,GOVERNMENT
PURCHASES,INDRUISTRIAL STANDARDS AND PRODUCT SAFTEY ,FOOD SANITATION RGULATIONS, INTELLECTUAL
PROPERTY AND MUCH MORE.
REVELANCE OF W.T.O.

 THE SYSTEM HELPS PROMOTE PEACE.

 THE SYSTEM ALLOWS DISPUTES TO BE
HANDLED CONSTRUCTIVELY.
 FREER TRADE CUTS THE COST OF LIVING.
 TRADE RAISES INCOMES.
 IT GIVES CONSUMERS MORE CHOICE
AND A BROADER RANGE OF QUALITIES
TO CHOOSE FROM.

6
 CONCLUSION

 IT IS THE PLACE WHERE THE MEMBER COUNTRY B

COMES AND TALKS TOGETHER AND SHARES THEIR
GREIVENCE IN ORDER TO RESOLVES THEIR PROBLEM
RELATED TO INTERNATIONAL TRADE.

 THE COUNTRIES MAKE THEIR DECISION THROUGH

VARIOUS COUNCILS AND COMMITTESV , WHOSE
MEMBERSHIP CONSIST OF ALL “WTO” MEMBERS. 7
THANK YOU!