The World Trade Organization

wto

 

There are a number of ways of looking at the World Trade Organization:

A place to settle trade disputes.

A forum for governments to negotiate trade agreements.

An organization for trade opening.

It operates a system of trade rules.

Essentially, the WTO is a place where member governments try to sort out the trade problems they face with each other.

Article II: Scope of the WTO

“The WTO shall provide the common institutional framework for the conduct of trade relations among its Members in matters related to the agreements and associated legal instruments…”