The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade between nations. Governments use the organization to establish, revise, and enforce the rules that govern international trade.
The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade.The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.
World Trade Organization. The World Trade Organization ( WTO) is a large international organization to regulate trade that was established in 1995. As of 2018, there are 164 members and 23 observer nations. In the WTO, agreements are made on trade between countries. The General Agreement on Tariffs and Trade (GATT) means that countries have to ...
Pages in category "World Trade Organization" The following 61 pages are in this category, out of 61 total. This list may not reflect recent changes ().
- Accession process
- Members and observers
- Neither members nor observers
The original member states of the World Trade Organization are the parties to the GATT after ratifying the Uruguay Round Agreements, and the European Communities. They obtained this status at the entry into force on 1 January 1995 or upon their date of ratification. All other members have joined the organization as a result of negotiation, and membership consists of a balance of rights and obligations. The process of becoming a World Trade Organization member is unique to each applicant country,
A country wishing to accede to the WTO submits an application to the General Council. The government applying for membership has to describe all aspects of its trade and economic policies that have a bearing on WTO agreements. The application is submitted to the WTO in a memorandum which is examined by a working party open to all interested WTO Members, and dealing with the country's application. For large countries such as Russia, numerous countries participate in this process. For smaller coun
As of July 2016, the WTO has 164 members. Of the 128 states party to the GATT at the end of 1994, all have since become WTO members except for the Socialist Federal Republic of Yugoslavia, which had dissolved in 1992 and was suspended from participating in GATT at the time. Four other states, China, Lebanon, Liberia, Syria, were parties to GATT but subsequently withdrew from the treaty prior to the establishment of the WTO. China and Liberia have since acceded to the WTO. The remaining WTO membe
The following table lists all the UN member states and UN General Assembly observer states which are neither members nor observers of the WTO. Eritrea Kiribati Marshall Islands Micronesia Monaco Nauru North Korea Palau Palestine San Marino Tuvalu Additionally, Kosovo has expressed an interest in joining the WTO. Notes