Organization

World Trade Organization

3 members

Overview

The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. Established on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, it succeeded the General Agreement on Tariffs and Trade (GATT), which was created in 1948. As the world's largest international economic organization, the WTO has 166 members, representing over 98% of global trade and global GDP. It is headquartered in Geneva, Switzerland.

Notable quotes

“Empirical evidence tends to show that trade liberalisation may entail non-trivial adjustment costs for certain groups.”
— page 47, WTO Annual Report 1998, also quoted in Taking liberties: poor people, free trade and trade justice, Christian Aid, 23 September 2004.

Quotes via Wikiquote (CC BY-SA), each with its original source.

On IJR

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Overview

The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. Established on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, it succeeded the General Agreement on Tariffs and Trade (GATT), which was created in 1948. As the world's largest international economic organization, the WTO has 166 members, representing over 98% of global trade and global GDP. It is headquartered in Geneva, Switzerland.

Notable quotes

“Empirical evidence tends to show that trade liberalisation may entail non-trivial adjustment costs for certain groups.”
— page 47, WTO Annual Report 1998, also quoted in Taking liberties: poor people, free trade and trade justice, Christian Aid, 23 September 2004.

Quotes via Wikiquote (CC BY-SA), each with its original source.