The World Trade Organization (WTO) deals with global trade rules between nations. It has 153 member countries and helps negotiate trade agreements and settle disputes. The WTO aims to improve living standards, ensure employment, increase production and trade, and promote sustainable development. It oversees global trade through committees and councils covering goods, services, and intellectual property, seeking to improve members' economic conditions through open trade.

2. MEANING OF WTO
The World Trade Organization (WTO)
deals with the rules of trade between
nations at a global level.

3. contd..
It’s a Negotiating Forum
It’s a set of rules:
It helps to settle disputes

4. FACTS ABOUT WTO
 Location : Geneva
 Established : 1 Jan 1995
 Created : Uruguay Round Negotiations (1986-94)
 Membership : 153 Countries
 Total Staff 2007 : 637
 Head : Director General, Pascal Lamy.
 Official Languages : English, French, Spanish

5. objectives of WTO
1. To improve the standard of living of people in the member countries.
2. To ensure full employment and broad increase in effective demands.
3. To enlarge production and trade of Goods.
The above three objectives were included in the GATT in addition to these
WTO introduced some objectives-
4. To enlarge production and trade of services.
5. To ensure optimum utilization of world resources
6. To accept the concept of sustainable development
7. To protect environment with industrialization.

6. FUNCTIONS OF WTO
• Ensure trade flows smoothly by negotiating trade
agreements and settling disputes;
• Assist developing countries with their trade policy issues;
• Provide developing countries with trade-related training
programs.

7. Ministerial Conference
The General Council
Dispute settlement body
The WTO Structure
Director General
Trade Policy Review
body
Committees I,II,IIISecretariat of WTOCouncil I,II,III
Council I:- trade in goods
Council II:- trade in services
Council III :-Trade in
Intellectual property right
1. Related with trade
and development
2. Is related with BOP
3. Related with budget
finance and administration

8. Agreements of WTO
 Agreement relating to Agriculture
 Agreement relating to Health & Safety Measures.
 Agreement relating to Helping Least Developed and Food
Importing Countries.
 Agreement relating to Textiles and Clothing.
 Agreement relating to Trips (Trade Related Aspects of
Intellectual Property Rights).
 Agreement relating to Gats (General Agreement on Trade in
Services).

9. Conclusion
 The goal of WTO is to improve the ECONOMIC
CONDITION of the member countries.
 Cooperate with the IMF and World Bank and
other multilateral institutions to achieve greater
coherence in global economic policy making.
 Transparency- It keeps the public and nations
informed about the achievements

10. Conclusion
 The goal of WTO is to improve the ECONOMIC
CONDITION of the member countries.
 Cooperate with the IMF and World Bank and
other multilateral institutions to achieve greater
coherence in global economic policy making.
 Transparency- It keeps the public and nations
informed about the achievements