The World Trade Organization

The World Trade Organization (WTO) is an organization that commenced in 1995 with the goal to supervise and liberalize international trade. The WTO is a replacement for the General Agreement of Tariffs and Trade (GATT) which was established in 1948. The WTO deals with the regulation of trade between participation countries while providing a framework for negotiation and formalizing trade agreements and dispute resolution processes.

Additionally, it is the WTO's duty to review and propagate the national trade policies, and to ensure the coherence and transparency of trade policies through the surveillance of global economic policy-making.

The key publications of the WTO are the World Trade Report, the International Trade Statistics, and The Annual Report. The World Trade Report is an annual publication that aims to deepen understanding about trends in trade, trade policy issues, and the multilateral trading system.

The International Trade Statistics offers an annual overview of the latest developments in world trade, providing detailed statistics on trade by region, merchandise trade by product, and trade in commercial services by category.

The Annual Report summarizes the WTO's activities over the past year and provides detailed information on the organization's structure, staff, and budget.


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