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Name of the Organization: World Trade Organization (WTO)

The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

WTO

Website: www.wto.org

Facebook: www.facebook.com/worldtradeorganization

Abbreviation: WTO

Formation: 1 January, 1995

Headquarters: Centre William Rappard, Geneva, Switzerland

Director-General: Roberto Azevêdo

Roberto Azevêdo


The WTO can ...:
  1. ... cut living costs and raise living standards
  2. ... settle disputes and reduce trade tensions
  3. ... stimulate economic growth and employment
  4. ... cut the cost of doing business internationally
  5. ... encourage good governance
  6. ... help countries develop
  7. ... give the weak a stronger voice
  8. ... support the environment and health
  9. ... contribute to peace and stability
  10. ... be effective without hitting the headlines


Member States: 162 member states (Since 30 November 2015)

Staff: 640

The WTO's main activities are:
  • negotiating the reduction or elimination of obstacles to trade (import tariffs, other barriers to trade) and agreeing on rules governing the conduct of international trade (e.g. anti-dumping, subsidies, product standards, etc.)
  • administering and monitoring the application of the WTO's agreed rules for trade in goods, trade in services, and trade-related intellectual property rights
  • monitoring and reviewing the trade policies of our members, as well as ensuring transparency of regional and bilateral trade agreements
  • settling disputes among our members regarding the interpretation and application of the agreements 
  • building capacity of developing country government officials in international trade matters
  • assisting the process of accession of some 30 countries who are not yet members of the organization 
  • conducting economic research and collecting and disseminating trade data in support of the WTO's other main activities
  • explaining to and educating the public about the WTO, its mission and its activities.

Contact Info:

World Trade Organization
Centre William Rappard,
Rue de Lausanne 154,
CH-1211 Geneva 21,
Switzerland.

N.B: Welcome to comments with more info, so that we can update this page.

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