WTO & Trade
World Organizations · WTO और व्यापार · 12 facts
1
WTO HQ is in Geneva Switzerland founded 1995
2
WTO replaced GATT General Agreement on Tariffs and Trade
3
WTO has 164 member countries as of 2024
4
Ngozi Okonjo-Iweala is Director General of WTO
5
WTO deals with rules of trade between nations
6
Doha Round of WTO negotiations started in 2001
7
MFN Most Favoured Nation is key WTO principle
8
India was founding member of WTO in 1995
9
WTO Ministerial Conference is highest decision-making body
10
WTO dispute settlement mechanism resolves trade conflicts
11
TRIPS agreement covers intellectual property in WTO
12
GATT was signed in 1947 predecessor of WTO