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World Trade World Trade Organization Organization CGW4U CGW4U Min Yun Min Yun

World Trade Organization

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Page 1: World Trade Organization

World Trade World Trade OrganizationOrganization

CGW4UCGW4UMin YunMin Yun

Page 2: World Trade Organization

ContentsContents

IntroductionIntroduction SystemSystem StructuresStructures MemberMember ConclusionConclusion

Page 3: World Trade Organization

IntroductionIntroduction

WTO is an organization that make WTO is an organization that make trade agreement between one trade agreement between one country and another countrycountry and another country

The goal of WTO is to make free from The goal of WTO is to make free from tax when someone or countries trade tax when someone or countries trade something each other and improve something each other and improve the welfare of the people of the the welfare of the people of the member countries.member countries.

Page 4: World Trade Organization

SystemSystem

Every membership countries can join Every membership countries can join hearing of an appeal, Dispute-hearing of an appeal, Dispute-Solution organization.Solution organization.

There are six formal Structures in There are six formal Structures in WTO.WTO.

Every council opens every two years.Every council opens every two years.

Page 5: World Trade Organization

StructuresStructures Ministerial ConferenceMinisterial Conference

The topmost decision-making The topmost decision-making body of the WTO is the Ministerial body of the WTO is the Ministerial Conference, which has to meet at Conference, which has to meet at least every two years. It brings least every two years. It brings together all member of the WTO, all together all member of the WTO, all of which are countries or separate of which are countries or separate customs territories.customs territories.

Page 6: World Trade Organization

StructuresStructures Councils for TradeCouncils for Trade

The Councils for Trade work under the The Councils for Trade work under the General Council. There are three councils-General Council. There are three councils-Council for Trade in Goods, Council for TraCouncil for Trade in Goods, Council for Trade-Related Aspects of Intellectual Property de-Related Aspects of Intellectual Property Rights, and Council for Trade in Services.Rights, and Council for Trade in Services.

Page 7: World Trade Organization

MemberMember

152 countries are the members of WTO.152 countries are the members of WTO. The green sections are WTO member The green sections are WTO member

countries.countries. Ukraine became the newest member on Ukraine became the newest member on

May 16, 2008.May 16, 2008.

Page 8: World Trade Organization

ConclusionConclusion There are few rules to adjust the There are few rules to adjust the

disadvantages that weak countries disadvantages that weak countries taking but it is not still helpful.taking but it is not still helpful.

It will be able to help weak and poor It will be able to help weak and poor countries if it frames articles or rules countries if it frames articles or rules for the trade between strong and for the trade between strong and weak countries.weak countries.