WTO

The WTO’s predecessor,the general agreement on tariffs and trade (GATT).It establishedafter World War 2 in the wake of other multilateral institutions dedicated to International economic corporation

GATT was the only multilateral insturement governing international trade form 1948 until the WTO was established on January 1, 1995

WTO

World Trade Organization is legal and institutional organ of the multilateral trading system. WTO draw a picture legal form about governments how to do domestic trade laws and regulations and through collective bargaining and negotiations, trade relations between the countries improve on this organization.

WTO

Total 153 member countries counted in the year 2011

Budget, 196 million swiss franc in the year 2011

total 629 staff member are present in WTO

Accounting over 97%of world trade

WTO’s Mission

Their mission is that The World Trade Organization is the international organization whose primary purpose is to open trade for the benefit of all.

Establishment and Functions

WTO was established on 1 January 1995. Countries that are party to round Uruguay negotiations on 15 December 1993 and completed in April 1994 in Marrakesh, Morocco "Final Judgment" signed by the ministers.

WTO agreement, agriculture, textiles and garments, until the rules of intellectual property services in various fields consist of 29 separate text. In addition, the members of WTO commitments on additional responsibilities, and an additional 25 declarations, decisions and agreements are also available.

Sensitive sectors traditionally regarded as the WTO rules and trade in agricultural goods, textiles and clothing products includes. The rules adopted in terms of agricultural market access, rules of promoting domestic production, export promotion practices and food safety, plant and animal health, contain the rules.

WTO Activities

 Negotiating the reduction of obstacles to trade 

 Administering and monitoring the application of the WTO's agreed rules for trade in goods

Monitoring and reviewing the trade policies of our members

 Building capacity of developing country government officials in international trade matters

 Assisting the process of accession of some 30 countries who are not yet members of the organization 

explaining to and educating the public about the WTO, its mission and its activities

Targets of WTO

raise the living standards provide employment steadily growing volume of real income

and to provide the actual demand

improve the production and trade of goods and services

ensure efficient use of the earth's resources to promote development

environment to take protective measures

resources according to the needs of developing countries in different economic levels

ensure that countries take part in world trade began to develop

customs duties and other trade

agreements to eliminate discrimination

create a permanent trading system

ensure the preservation of the basic

principles of the multilateral trading

system

From this perspective, the WTO, the International doesn't show similarities with other international organizations.

Not transfer any board of directors the authority to make administrative decisions at the WTO, such as administrative or bureaucratic bodies of member countries of the organization have an impact on individual policies are not.

Member countries have committed to abide by the rules and disciplines of the WTO as a result of the negotiations between the member states still emerging..

Member of WTO

Ensuring compliance with WTO rules from time to time by the Member States supported through sanctions, but the implementation of the sanctions, the WTO as an organization, but directly from the member states plays a role

WTO Structure

All WTO members may participate in all councils, committees, etc, except Appellate Body, Dispute Settlement panels, and plurilateral committees.

Ministerial Conferences

The top most decision-making body of the WTO is the Ministerial Conference

Usually meets every two years Providing political direction for the

organization Take decisions on all matters under any of

the multilateral trade agreements

The Previous Conferences

1)9-13 December 1996 in Singapore 2)18-20 May 1998 in Genava,Switzerland 3)30 Novermber -3 December 1999in Seattle,

United State 4)10-14 November 2001 in Doha ,Qatar 5)10-14 September 2003 in Cancun,Mexico 6)13-18 December 2005 in Hon Kong 7)30 November- 3 2009 December in

Geneva ,Switzerland 8)15-17 Decemeber in 2011

Geneva ,Switzerland

ITF 212International Trade And Investment

SEBAHAT DEMİRER OZAN ÇEVİK ESİN EZGİ KARAGÖZ