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write a brief note on WTO …

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write a brief note on WTO and its objectives
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Jatin Kataria 6 years, 4 months ago

World Trade Organisation.. 1.It helps in maintaining the country to country relation for products.

Yogita Ingle 6 years, 4 months ago

GATT was transformed into World Trade Organisation (WTO) with effect from 1st January 1995. The headquarters of WTO are situated at Geneva, Switzerland.
Objectives of WTO
(i) To ensure reduction of tariffs and other trade barriers imposed by different countries.
(ii) To engage in such activities which improve the standards of living, create employment, increase income and effective demand and facilitate higher production and trade.
(iii) To facilitate the optimal use of the world’s resources for sustainable development.
(iv) To promote an integrated, more viable and durable trading system.

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