WORLD TRADE ORGANIZATION

PRESENTED BY:

i) Faheem Imtiaz ii) M.Uzair

History:The World Trade Organization (WTO) came into being on

January 1st 1995. It was the outcome of the lengthy (1986-1994) Uruguay round of GATT negotiations.

The WTO was essentially an extension of GATT.

World Trade Organization(WTO)WTO was established on 1st January 1995.WTO dealing with the rules of trade between nations.WTO ensure that trade flows as smoothly, predictably and

freely as possible.There are total 153 member countries was counted in the

year 2015.

OBJECTIVES Of WTO:Settling trade disputes

Support developing countries in trade policy

Training programs

 Ensuring full employment

Functions of WTO:Technical assistance and training for developing countries.

Acting as a watchdog of international trade

Seeking to resolve trade disputes

Maintaining trade related database.

Organizational StructureLevel 1: Ministerial Conference

Level 2: General Council

Level 3: Goods, Service and intellectual property council .

Main Areas of WTOAgreement on Agriculture(AOA): The agreement relating

to agriculture is made up of several elements, which seek to reform trade in agriculture.

TRIMS : Trade related Investement Measures (TRIMs) are those restrictions a nation places on foreign investment that adversely affect trade in goods and services

TRIPS :

The WTO agreements of trade related aspects of intellectual property rights (TRIPs) recognizes that widely varying standards in the protection and enforcement of intellectual property rights and the lack of multilateral disciplines dealing with international trade in counterfeit goods.

CONCLUSION:It is the place where the member country comes and talks

together and shares their grievance in order to resolve their problem related to International trade

The countries make their decisions through various councils and committees, whose membership consists of all WTO members

THANK YOU