29 March 2014



The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.

Functions of WTO

The WTO was founded with the purpose of liberalizing international trade. Its aim was to help member nations reach cordial solutions to their trade related problems.
The main principles of WTO are:
·        To promote fair competition
·        To encourage economic and development reforms
·        To increase predictability through transparency
·        To lower trade barriers for freer trade

·        To ensure fair treatment to locals and foreigners

No comments:

Post a Comment

Thanks for Commenting !!!
We Value and Appreciate YOUR Feedback.....

Featured post

Branding to succeed in the new digital age

Many of us are not sure about some words. Are you not sure about the meaning of “branding”? Don’t worry! Branding is one of those marketing...