Wto
WORLD TRADE ORGANISATION
Nobody will deny if I say that in our modern world it is very important to control the relationship between different countries. There are different organizations nowadays. They control different aspects of our everyday life. I would like to speak about world trade organization. It 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.
First of all I would like to give some facts about the creation and location of WTO.
Location: Geneva, Switzerland
Established: 1 January 1995
Created by: Uruguay Round negotiations (198694)
Membership: 134 countries (as of February 1999)
Budget: 122 million Swiss francs for 1999
Secretariat staff: 500
Head: Director-general
Functions:
Administering WTO trade agreements
Forum for trade negotiations
Handling trade disputes
Monitoring national trade policies
Technical assistance and training for......
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Approximate Word Count: 1741
Approximate Pages: 7 (250 words per double-spaced page)
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