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WTO WORLD TRADE ORGANIZATION

WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

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Page 1: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

WTOWORLD TRADE ORGANIZATION

Page 2: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

WHAT IS WTO?A series of trade negotiation from

the end of Second World War

Page 3: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

HISTORY of WTO

Established in 1947The rationale for GATT based on

MFNWhat is MFN?The uruguay roundGATS as a guideline and

Intellectual Property Rights

Page 4: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

PURPOSE OF WTO

Ensure trade commneces smoothly

Creates a legal groud rulesCreate an economic peace and

stabilityEncourage international

investments

Page 5: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

STRUCTURE

Page 6: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

ORGANSMinistreal conferenceGeneral councilCouncilsCommitteesSecretariat and budget

Page 7: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

GATT principles

Non discriminationTransparencyConsultation and dispute

settlementsNegotiationReciprocityNational treatmentReduction of customs duties

Page 8: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

Principal Objectives of WTO

be a forum based on lowering tariff

help trading industrythe administrator of multilateral

trade

Page 9: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

FUNCTIONSTo ensure the execution and

management of aggrements based on multilateral trade aggrements

To create a negotiation environment in trade relations between the member states

To operate the mechanism for the resolution of disputes

Page 10: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

FUNCTIONS ( cont)To operate trade policy review

mechanism ( TPRM)To cooperate with IMF and the

World Bank in order to contribute to the formation of economic policies on aglobal basis

Page 11: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

MEMBER COUNTRIES and MEMBERSHIP PROCESS

Page 12: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

MEMBER COUNTRIES and MEMBERSHIP PROCESS ( cont)

159 member countries30 countries that have observer

status, a step for becoming a full member

Page 13: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

MEMBER COUNTRIES AntiguaBarbuda,  Arjantin,  Avustralya,Avusturya, Bahreyn, 

Bangladeş, Barbados, Belçika, Belize, Bolivya, Botsvana, Brezilya, Brunei, Burkina Faso, Burundi, Cape Verde,Kanada, Orta Afrika Cumhuriyeti, Şili, Kolombiya, Kosta Rika, Fildişi Sahilleri, Küba, Kıbrıs, Kırgızistan, Çin Halk Cumhuriyeti, Çek Cumhuriyeti, Danimarka, Cibuti, Dominik, Dominik Cumhuriyeti, Mısır, El Salvador, Estonya, Finlandiya, Fransa, Gabon, Almanya, Gana,Yunanistan, Grenada, Guatemala, Gine, Yeni Gine, Guyana, Honduras, Hong Kong, Macaristan, İzlanda, Hindistan, Endonezya, İrlanda,İsrail, İtalya, Jamaika, Japonya, Kenya, Kore Cumhuriyeti, Kuveyt, Lesoto, Liechtenstein, Lüksemburg, Makau, Madagaskar, Malavi,Malezya, Maldivler, Mali, Malta, Moritanya, Mauritius, Meksika, Fas, Mozambik, Myanmar, Namibya, Hollanda, Hollanda Antilleri, Yeni Zelanda, Nikaragua, Nijerya, Norveç, Pakistan, Paraguay, Peru, Filipinler, Polonya, Portekiz, Romanya, Saint Lucia, St. Vincent ve Grenadinler, Senegal, Sierra Leone, Singapur, Slovakya, Slovenya, Güney Afrika, İspanya, Sri Lanka, Surinam, Swaziland, İsveç, İsviçre,Tanzanya, Tayland, Togo, Trinidad ve Tobago, Tunus, Türkiye, Uganda, İngiltere, ABD, Ukrayna, Uruguay, Venezuela, Zambiya veZimbabve

Page 14: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

Accession Process in WTO

1)Official Application and Establishment of the Working Group

2) Biliteral Concessions Negotiations and Reviews of Working Party

3)Accession Protocol4)Decision Process

Page 15: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

TURKEY and WTO26 march 1995 with the decision by

the Council of Ministers.Agreements between WTO and Turkey

are based on agriculture, anti-dumping, balance of payments, customs, values , import bans, regional trade agreements, technological products, rules of origin, safeguard measures, services, technical barriers to trade, textiles, intellectual property rights, trade and development ..etc.

Page 16: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

DEVELOPMENTS AFTER WTOIndustrial developmentsAgricultural developmentsService sector developmentsIntellectual property rightsTrade policy review mechanism

( TPRM)

Page 17: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

WHAT ABOUT FUTURE ?Agriculture, anti-dumping, civil

aviation, trade and environment, ıntellectual propert rights associated trade etc. as agenda in future

Page 18: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

CRITISMS FOR WTOUnfortunately, serves for

developed countries’ benefitsThe need for adding a social

dimension to the new WTO rules apart from commrecial benefit

The practices causing unfair competition

Subsidied exports of developed countries as a threat for local productions

Page 19: WTO WORLD TRADE ORGANIZATION. WHAT IS WTO? A series of trade negotiation from the end of Second World War

EZGİ IŞIK FULYA ERKUT

GÖKÇEN ÇETİN MUSTAFA YILDIRIM