PRESENTED BY :

Rewa Pandey – 30
Rajnandinani Singh - 29
 The WTO’s predecessor, the general agreement
on traiffs and trade(GATT),was estabilsh after
world warII in the wake of other multilateral
institutions dedicated to International economic
corporation.

 GATT was the only multilateral instruement

governing international trade from 1948 until the
WTO was estabilshed on january 1,1995.
The World trade organisation is an organisation that
intends to supervise and liberalise international trade.

WTO was officially commenced on january 1, 1995

WTO was created by uruguay round negotiation (1986-

94).
 There are total 153 member countrries was
counted in the year 2011.

 Budget 196 million swiss france in the year 2011.

 Currently there are total 629 staff members are

present in WTO.
WTO reiterates the objectives of GATT, some
of them are as follows:-

 Promote trade flows by encouraging nations

to adopt nondiscriminatory and predictable
trade policies.

 Raising standard of living and income.

 Introduce sustainable development.

 Acting as a forum for multilateral trade
negotiations.

 Seeking to resolve trade disputes.

 Acting as a watchdog of international trade.

 Maintaining trade related database.

 Cooperating with other international
institutions involved in global economic policy
making.

 Acting as a management consultant for world

trade.

 Technical assistance and training for

developing countries.
PRINCIPLES OF
WTO
TRANSPAREN
CY
RULE BASED
MFN
TRADING
TREATMENT
SYSTEM

PRINCIPLES
OF WTO

DISMANTLIN
NATIONAL
G TRADE
TREATMENT
BARRIERS

FREE TRADE
PRINCIPLE
 ORGNISATIONAL
STRUCTURE
Ministerial Conference
GC: Trade Policy GC: Dispute
Review Body Settlement Body
General Council

Council for Trade Council for Intellectual Council for Trade

in Goods Property Rights in Trade In Servfices

Committee Trade-related
Committee Council Council
On trade & Committe intellectual
on for for
developme- e on BOP property
Budget services goods
nt rights council
 Agriculture :- The agreement relating to
agriculture is made up of several elements,
which seek to reform trade in agriculture.

 Health and Safety Measures:- The

agreement on the application of Sanitary
and Phytosanitary Measures concerns the
application of food safety and animal and
plant health regulation.
 Textiles and Clothing:- The objective of this
agreement is to secure the integration of the textile
and clothing sector .

 TRIPS :- The WTO agreements of trade related

aspects of intellectual property rights (TRIPs)
recognises 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.
 TRIMS:- Trade related Investement
Measures (TRIMs) are those restrictions a
nation places on foreign investment that
adversely affect trade in goods and services

 Disputes Settlement:- The Dispute

Settlement Understanding(DSU) is the legal
text that spells out the rules and procedures for
disputes between member countries.