History of World Trade Organization
Transcript of History of World Trade Organization
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History of world trade organization WTO
World Trade Organization
WTO launched its operations in the period of jan,1st ,1995 under the Marrakech
Agreement .it deals with the international participating parties with the prescried rules
of trade among the nations .the rules pro!ided " the #eneral agreement on Tariffs and
Trade $#ATT% for operations " application of thri!ing &rugua" 'ound on decemer 15 th
199(. #ATT s"stem changed into WTO ut there was difference in etween the
#ATT and WTO the #ATT was just doing trade in goods , and WTO which deals in
trade of ser!ices in!entions, designs ) creations.
The WTO is functioning in order that to super!ise and lierali*e the trade internationall"and also to de!elop the peoples welleing of its affiliate countries freel" and lower the
trade arriers. The World Trade Organi*ation pro!ides a forum for dispute settlement
and trade negotiations
+outh Africa participated in the &rugua" 'ound of negotiations and was memer of
#ATT. After the passing of Marrakesh agreement- in ecemer 199/ the countr"
grows to e a initial part of WTO after WTO estalishment.
0egotiations are helpful in trade where countries face trade hurdles and reuired them
lesser in some cases . WTO is to protect the consumers .the WTO agreements,
negotiated and appro!ed " man" world2s trading nations which present legal ground
polic" for international usiness.
These con!entions aide go!ernment to remain their in trade guiding principle within
certain limits though it is appro!ed " the go!ernment ut plan is to help makers ofgoods and ser!ices, e3porters and importers conduct their usiness.
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Purpose of WTO
43pansion of trade through transparenc" and progressi!e lierali*ation and
promoting the economic growth of all trading partners and the de!elopment of
de!eloping countries
The purpose of the WTO is to facilitate the trade freel"
To deal with rules of trade etween countries at international le!el through
agreements among nations.
The ojecti!e of the WTO is to sort out the trade prolems faced during
international trade and arrier to international trade among the nations
To promote the trade and imports " aolishing the tariffs and other arriers
WTO is onl" the od" who settles trade disputes etween the go!ernment and
organi*es trade negotiations
WTO is working to promote the trade worldwide through an eas" and modern
wa"s among the registered countries
Laws
There should not e an" discrimination etween the trading partners it must e
nondiscriminating
0ondiscrimination etween domestic and imported products once goods go
through customs
6inding of import tariffs and on import tariffs or the securit" of concessions.
Members of the WTO
Alania angola antigua and auda argentina armenia australia austria ahrain
angladesh arados elgium eli*e enin oli!arian repulic of !ene*uela
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oli!ia state of otswana ra*il runei darussiam 6ulgaria 6urkina faso 6urundi
7amodia 7ameroon 7anada cape !erde central African chad chile china
7olomia congo costa rica crodtia cote d l!oire 7roatia cua 7"prus 7*ech
repulic democratic repulic of the congo enmark jiouti ominica ominican
repulic ecudor 4g"pt ei +al!ador 4stonia 4uropean union 8iji finland former
ugosla! repulic of Macedonia france aon the gamla #eorgia german"
#hana #reece grenada gustemals guinea guinea 6issau gutana hati :onduras
hong kong china hungar" ;celand india ;ndonesia ;reland ;srael ;tal" jamica japan
esotho >iechtenstein
>ithuania lu3mourg macao china Madagascar Malawi Mala"sia Maldi!es mali
malta Mauritania Mauritius me3ico moldo!a Mongolia Montenegro morocco
Mo*amiue M"anmar 0amiia 0epal 0etherlands euope new ?ealand
0icaragua niger 0igeria 0orwa" oman @akistan panama papua new @aragua"
peru philppines @oland @ortugal atar 'omania russsian 'wanda saint kites
saint lucia saint Bincent an the grenadines +amoa saudia Araia sierra leone
+ingapore +lo!ak repulic sol!enia +olomon islands south Africa spain sri lanka
suriname swa*liand +weden +wit*erland cinese taipel Tajikistan Tan*ania
Thailand togo tonga Tunisia turke" &ganda uniter ara emirates united kingdom
united states of ameridca &rugua" ?amia *imawe
8ollowing are the Memers of World Trade Organi*ation WTO with joining ate
Albania8 September 2000Angola 23 November 1996Antigua and Barbuda 1 January 1995Argentina 1 January 1995Armenia 5 February 2003Australia 1 January 1995Austria 1 January 1995Bahrain, Kingdom of 1 January 1995
Bangladesh 1 January 1995Barbados 1 January 1995Belgium 1 January 1995Belize 1 January 1995Benin 22 February 1996Bolivia, Plurinational State of 12 September 1995Botswana 31 May 1995Brazil 1 January 1995Brunei Darussalam 1 January 1995Bulgaria 1 December 1996
http://www.wto.org/english/thewto_e/countries_e/albania_e.htmhttp://www.wto.org/english/thewto_e/countries_e/angola_e.htmhttp://www.wto.org/english/thewto_e/countries_e/angola_e.htmhttp://www.wto.org/english/thewto_e/countries_e/antigua_and_barbuda_e.htmhttp://www.wto.org/english/thewto_e/countries_e/argentina_e.htmhttp://www.wto.org/english/thewto_e/countries_e/armenia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/australia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/austria_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bahrain_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bangladesh_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bangladesh_e.htmhttp://www.wto.org/english/thewto_e/countries_e/barbados_e.htmhttp://www.wto.org/english/thewto_e/countries_e/belgium_e.htmhttp://www.wto.org/english/thewto_e/countries_e/belize_e.htmhttp://www.wto.org/english/thewto_e/countries_e/benin_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bolivia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bolivia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/botswana_e.htmhttp://www.wto.org/english/thewto_e/countries_e/botswana_e.htmhttp://www.wto.org/english/thewto_e/countries_e/brazil_e.htmhttp://www.wto.org/english/thewto_e/countries_e/brunei_darussalam_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bulgaria_e.htmhttp://www.wto.org/english/thewto_e/countries_e/angola_e.htmhttp://www.wto.org/english/thewto_e/countries_e/antigua_and_barbuda_e.htmhttp://www.wto.org/english/thewto_e/countries_e/argentina_e.htmhttp://www.wto.org/english/thewto_e/countries_e/armenia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/australia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/austria_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bahrain_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bangladesh_e.htmhttp://www.wto.org/english/thewto_e/countries_e/barbados_e.htmhttp://www.wto.org/english/thewto_e/countries_e/belgium_e.htmhttp://www.wto.org/english/thewto_e/countries_e/belize_e.htmhttp://www.wto.org/english/thewto_e/countries_e/benin_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bolivia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/botswana_e.htmhttp://www.wto.org/english/thewto_e/countries_e/brazil_e.htmhttp://www.wto.org/english/thewto_e/countries_e/brunei_darussalam_e.htmhttp://www.wto.org/english/thewto_e/countries_e/bulgaria_e.htmhttp://www.wto.org/english/thewto_e/countries_e/albania_e.htm -
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Burkina Faso 3 June 1995Burundi 23 July 1995Cambodia13 October 2004Cameroon 13 December 1995Canada 1 January 1995Cape erde23 July 2008
Central Afri!an "epubli! 31 May 1995Chad 19 October 1996Chile 1 January 1995China 11 December 2001Colombia 30 pr!l 1995Congo 2" Marc# 199"Costa "i!a 1 January 1995C#te d$%voire 1 January 1995Croatia 30 November 2000Cuba 20 pr!l 1995C&prus 30 July 1995Cze!h "epubli! 1 January 1995Demo!rati! "epubli! of the Congo 1 January 199"Denmark 1 January 1995D'ibouti 31 May 1995Domini!a 1 January 1995Domini!an "epubli! 9 Marc# 1995(!uador 21 January 1996(g&pt 30 June 1995(l Salvador " May 1995(stonia 13 November 1999(uropean )nion *formerl& (uropean Communities+ 1 January 1995Fi'i 14 January 1996Finland 1 January 1995Fran!e 1 January 1995abon 1 January 1995-he ambia 23 October 1996
eorgia 14 June 2000erman& 1 January 1995hana 1 January 1995ree!e 1 January 1995renada 22 February 1996uatemala 21 July 1995uinea 25 October 1995uinea.Bissau 31 May 1995u&ana 1 January 1995/aiti 30 January 1996/onduras 1 January 1995/ong Kong, China 1 January 1995/ungar& 1 January 1995
%!eland 1 January 1995%ndia 1 January 1995%ndonesia 1 January 1995%reland 1 January 1995%srael 21 pr!l 1995%tal& 1 January 19950amai!a 9 Marc# 19950apan 1 January 19950ordan 11 pr!l 2000
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p://www.wto.org/english/thewto_e/countries_e/denmark_e.htmhttp://www.wto.org/english/thewto_e/countries_e/djibouti_e.htmhttp://www.wto.org/english/thewto_e/countries_e/dominica_e.htmhttp://www.wto.org/english/thewto_e/countries_e/dominican_republic_e.htmhttp://www.wto.org/english/thewto_e/countries_e/ecuador_e.htmhttp://www.wto.org/english/thewto_e/countries_e/egypt_e.htmhttp://www.wto.org/english/thewto_e/countries_e/el_salvador_e.htmhttp://www.wto.org/english/thewto_e/countries_e/estonia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/european_communities_e.htmhttp://www.wto.org/english/thewto_e/countries_e/fiji_e.htmhttp://www.wto.org/english/thewto_e/countries_e/finland_e.htmhttp://www.wto.org/english/thewto_e/countries_e/france_e.htmhttp://www.wto.org/english/thewto_e/countries_e/gabon_e.htmhttp://www.wto.org/english/thewto_e/countries_e/the_gambia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/georgia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/germany_e.htmhttp://www.wto.org/english/thewto_e/countries_e/ghana_e.htmhttp://www.wto.org/english/thewto_e/countries_e/greece_e.htmhttp://www.wto.org/english/thewto_e/countries_e/grenada_e.htmhttp://www.wto.org/english/thewto_e/countries_e/guatemala_e.htmhttp://www.wto.org/english/thewto_e/countries_e/guinea_e.htmhttp://www.wto.org/english/thewto_e/countries_e/guinea_bissau_e.htmhttp://www.wto.org/english/thewto_e/countries_e/guyana_e.htmhttp://www.wto.org/english/thewto_e/countries_e/haiti_e.htmhttp://www.wto.org/english/thewto_e/countries_e/honduras_e.htmhttp://www.wto.org/english/thewto_e/countries_e/hong_kong_china_e.htmhttp://www.wto.org/english/thewto_e/countries_e/hungary_e.htmhttp://www.wto.org/english/thewto_e/countries_e/iceland_e.htmhttp://www.wto.org/english/thewto_e/countries_e/india_e.htmhttp://www.wto.org/english/thewto_e/countries_e/indonesia_e.htmhttp://www.wto.org/english/thewto_e/countries_e/ireland_e.htmhttp://www.wto.org/english/thewto_e/countries_e/israel_e.htmhttp://www.wto.org/english/thewto_e/countries_e/italy_e.htmhttp://www.wto.org/english/thewto_e/countries_e/jamaica_e.htmhttp://www.wto.org/english/thewto_e/countries_e/japan_e.htmhttp://www.wto.org/english/thewto_e/countries_e/jordan_e.htm 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Ken&a 1 January 1995Korea, "epubli! of 1 January 1995Kuwait, the State of 1 January 1995K&rg&z "epubli! 20 December 19981ao People2s Demo!rati! "epubli! 2 February 20131atvia 10 February 1999
1esotho 31 May 19951ie!htenstein 1 September 19951ithuania 31 May 20011u3embourg 1 January 19954a!ao, China 1 January 19954adagas!ar 1" November 19954alawi 31 May 19954ala&sia 1 January 19954aldives 31 May 19954ali 31 May 19954alta 1 January 19954auritania 31 May 19954auritius 1 January 19954e3i!o 1 January 19954oldova, "epubli! of 26 July 20014ongolia 29 January 199"4ontenegro 29 pr!l 20124oro!!o 1 January 19954ozambi5ue 26 u$u%t 19954&anmar 1 January 19956amibia 1 January 19956epal 23 pr!l 20046etherlands 1 January 19956ew 7ealand 1 January 19956i!aragua 3 September 19956iger 13 December 19966igeria 1 January 1995
6orwa& 1 January 19958man 9 November 2000Pakistan 1 January 1995Panama 6 September 199"Papua 6ew uinea 9 June 1996Paragua& 1 January 1995Peru 1 January 1995Philippines 1 January 1995Poland 1 July 1995Portugal 1 January 19959atar 13 January 1996"omania 1 January 1995"ussian Federation 22 u$u%t 2012
"wanda 22 May 1996Saint Kitts and 6evis 21 February 1996Saint 1u!ia 1 January 1995Saint in!ent : the renadines 1 January 1995Samoa 10 May 2012Saudi Arabia, Kingdom of 11 December 2005Senegal 1 January 1995Sierra 1eone 23 July 1995Singapore 1 January 1995
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-
8/13/2019 History of World Trade Organization
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Slovak "epubli! 1 January 1995Slovenia 30 July 1995Solomon %slands 26 July 1996South Afri!a 1 January 1995Spain 1 January 1995Sri 1anka 1 January 1995
Suriname 1 January 1995Swaziland 1 January 1995Sweden 1 January 1995Switzerland 1 July 1995Chinese -aipei1 January 2002-a'ikistan2 Marc# 2013-anzania 1 January 1995-hailand 1 January 1995-he former ;ugoslav "epubli! of 4a!edonia *F;"84+ 4 pr!l 2003-ogo 31 May 1995-onga 2" July 200"-rinidad and -obago 1 Marc# 1995-unisia 29 Marc# 1995-urke& 26 Marc# 1995)ganda 1 January 1995)kraine16 May 2008)nited Arab (mirates 10 pr!l 1996)nited Kingdom 1 January 1995)nited States of Ameri!a 1 January 1995)rugua& 1 January 1995anuatu 24 u$u%t 2012enezuela, Bolivarian "epubli! of 1 January 1995iet 6am 11 January 200"7ambia 1 January 19957imbabwe 5 Marc# 1995
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