WTO & Trade
World Organizations · WTO और व्यापार · 15 facts
WTO HQ is in Geneva Switzerland founded 1995
WTO replaced GATT General Agreement on Tariffs and Trade
WTO has 164 member countries as of 2024
Ngozi Okonjo-Iweala is Director General of WTO
WTO deals with rules of trade between nations
Doha Round of WTO negotiations started in 2001
MFN Most Favoured Nation is key WTO principle
India was founding member of WTO in 1995
WTO Ministerial Conference is highest decision-making body
WTO dispute settlement mechanism resolves trade conflicts
TRIPS agreement covers intellectual property in WTO
GATT was signed in 1947 predecessor of WTO
UNCTAD is the UN body dealing with trade and development HQ Geneva
WTO Trade Facilitation Agreement signed in Bali 2013
National Treatment principle of WTO prevents domestic discrimination