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    Mba Wto

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    Dhananjay Shrivastav
    The World Trade Organization (WTO) was established on January 1, 1995 through the Uruguay Round negotiations from 1986 to 1994. It administers trade agreements, provides a forum for trade negotiations, handles trade disputes, monitors trade policies, and provides technical assistance to developing countries. The WTO principles are non-discrimination between trading partners and between domestic and foreign products, lowering trade barriers, predictable and transparent trade rules, discouraging unfair practices, and protecting the environment. It gives developing countries more time to implement agreements and greater flexibility.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Mba Wto

    Uploaded by

    Dhananjay Shrivastav
    8 views9 pages
    The World Trade Organization (WTO) was established on January 1, 1995 through the Uruguay Round negotiations from 1986 to 1994. It administers trade agreements, provides a forum for trade negotiations, handles trade disputes, monitors trade policies, and provides technical assistance to developing countries. The WTO principles are non-discrimination between trading partners and between domestic and foreign products, lowering trade barriers, predictable and transparent trade rules, discouraging unfair practices, and protecting the environment. It gives developing countries more time to implement agreements and greater flexibility.

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    WTO

    Original Title

    MBA WTO

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    The World Trade Organization (WTO) was established on January 1, 1995 through the Uruguay Round negotiations from 1986 to 1994. It administers trade agreements, provides a forum for trade negotiations, handles trade disputes, monitors trade policies, and provides technical assistance to developing countries. The WTO principles are non-discrimination between trading partners and between domestic and foreign products, lowering trade barriers, predictable and transparent trade rules, discouraging unfair practices, and protecting the environment. It gives developing countries more time to implement agreements and greater flexibility.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    8 views9 pages

    Mba Wto

    Uploaded by

    Dhananjay Shrivastav
    The World Trade Organization (WTO) was established on January 1, 1995 through the Uruguay Round negotiations from 1986 to 1994. It administers trade agreements, provides a forum for trade negotiations, handles trade disputes, monitors trade policies, and provides technical assistance to developing countries. The WTO principles are non-discrimination between trading partners and between domestic and foreign products, lowering trade barriers, predictable and transparent trade rules, discouraging unfair practices, and protecting the environment. It gives developing countries more time to implement agreements and greater flexibility.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    WTO

    Introduction
    Established: 1 January, 1995
    Created By: Uruguay Round
    Negotiation(1986-94)
    Ministerial meeting at Marrakesh,
    Morocco in 1994 decided to establish
    WTO
    1

    WTO
    Functions
    1. Administering WTO trade agreement
    2. Forum to trade negotiations
    3. Handling trade dispute
    4. Monitoring trade policies
    5. Technical assistance and training for developing
    countries
    6. Cooperation with other international
    organization
    2

    WTO
    Principles
    1. Non-discrimination
    A country should not discriminate
    between its trading partners.
    should not discriminate between
    its own and foreign products,
    services or nationals.
    3

    WTO
    2. More Upon
    Lowering trade barriers include custom duties
    for tariffs and measures such as import bans
    or quotas that restrict quantities selectively
    3. Predictive and transparent
    Foreign companies, investors and
    governments should be confident that trade
    barriers should not be raised arbitrarily
    4

    WTO
    4. More Competitive
    Discouraging unfair practices, such as export
    subsidies and dumping products at below cost to
    gain market share
    5. More beneficial for less developed countries

    Giving more time to adjust, greater flexibility


    and special privileges.

    Over three-quarters are developing countries

    And countries in transition to market


    economies.
    5

    WTO
    6. Protect the environment
    Permit members to take measures to protect
    not only the environment but also public
    health, animal health and plant health.
    These measures must be applied in the same
    way to both national and foreign business.
    Members must not use environmental
    protection measures as a means of disguising
    protectionist policies.
    6

    WTO
    Developing Countries-Development and trade
    Longer time periods to implement agreements
    and commitments
    Measures to increase trading opportunities and
    support to help build infrastructure for WTO
    work
    Handle disputes, and implement technical
    standards
    7

    WTO
    Increase their ability to trade
    Preferential market access
    A WTO committee on trade and development,
    assisted by a sub-committee on least
    developed countries looks at developing
    countries special needs(implementation of
    agreements, technical cooperation, and the
    increased participation of developing
    countries in the global trading system.
    8

    WTO
    Technical assistance and training
    Organizes around 100 technical cooperation
    mission to developing countries annually.
    Holds Three Trade Policy courses each year(on
    the average) in Geneva for government
    officials.
    Regular regional seminars.
    Reference centers in over 100 countries
    9

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