1. Submitted by:Mr. Rohullah SharifiPCTE University India 2. The WTOs precedes or the general agreementon tariffs and trade(GATT),was establish afterworld war II in the wake of other multilateralinstitutions dedicated to International economiccorporation. GATT was the only multilateral instrumentgoverning international trade from 1948 until theWTO was established on January 1,1995. 3. oThe World trade organization is an organization thatintends to supervise and liberalize international tradeoWTO was officially commenced on january 1, 1995oWTO was created by uruguay round negotiation(1986-94). 4. Cont.There are total 160 member countries Budget 196 million Swiss francs (approx. 209million US$) in the year 2011.Currently there are total 629 staff members arepresent in WTO. 5. Map of World Trade Organizationmembers and observersMembersMembers, dually represented by the European UnionObserversNon-members 6. WTO Promote trade flows by encouraging nations toadopt non discriminatory and predictable tradepolicies. Raising standard of living and income. Introduce sustainable development. 7. Helping developing and transition economics Specialized help for Export WTO In In Global Economic Policy-Making Acting as a watchdog of international trade. Giving information to Public 8. Cont. Cooperating with other internationalinstitutions involved in global economicpolicy making. Acting as a management consultant forworld trade. Technical assistance and training fordeveloping countries. 9. PRINCIPLES OF WTO 10. ORGNISATIONALSTRUCTUREGeneral CouncilCouncil for Tradein GoodsCouncil for IntellectualProperty Rights in TradeGC: DisputeSettlement BodyCouncil for TradeIn ServicesGC: Trade PolicyReview BodyMinisterial ConferenceCommitteeonBudgetCommitteeOn trade &developme-ntTrade-relatedintellectualpropertyrights councilCouncilforgoodsCouncilforservicesCommittee on BOP 11. Agriculture :-The agreement relating to agriculture is madeup of several elements, which seek to reformtrade in agriculture. Health and Safety Measures:-The agreement on the application of Sanitaryand Phytosanitary Measures concerns theapplication of food safety and animal and planthealth regulation. 12. Textiles and Clothing:-The objective of this agreement is to secure theintegration of the textile and clothing sector . TRIPS :-The WTO agreements of trade related aspects ofintellectual property rights (TRIPs) recognizes thatwidely varying standards in the protection andenforcement of intellectual property rights and thelack of multilateral disciplines dealing withinternational trade in counterfeit goods. 13. TRIMS:-Trade related Investment Measures (TRIMs) arethose restrictions a nation places on foreigninvestment that adversely affect trade in goods andservices Disputes Settlement:-The Dispute Settlement Understanding(DSU) isthe legal text that spells out the rules andprocedures for disputes between membercountries.