World Trade Organization
International Organization
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WTO authorizes Brazil sanctions over U.S. cotton...which U.S. products to target and analyses U.S. data on subsidies which will determine the size of retaliation. The formal move at the WTO's dispute settlement body (DSB) brought Brazil one step closer to retaliating against the United... In this article: World Trade Organization, Brazil, United States, Fiscal year, Washington, Arbitration award, Doha round, Geneva, and Reuters |
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washingtonpost.com | 3 days ago
Side talks on services could spur WTO: U.S. nominee
...side talks with key partners on services trade as a way to spur flagging World Trade Organization talks, the Obama administration's nominee for WTO ambassador said. The Doha round of trade talks, which began in 2001, has stalled on...
In this article: United States, Doha round, Doha, China, Islam, and Ron Kirk
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Reuters | 3 days ago
Russia wants quick WTO entry as separate entity
...Putin in June when he said Russia would join only as part of the customs union -- an unprecedented move for the WTO. "We want the WTO talks to go quickly and be concluded soon," Vladimir Chizhov, Russia's ambassador to the EU, told...
In this article: Russia, European Union, Vladimir Putin, Recession, and Moscow
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Much work needed for 2010 Doha deal: WTO's Lamy
GENEVA (Reuters) - World Trade Organization members still have much work to do if they want to achieve their goal of reaching a new deal on opening up global commerce in 2010, WTO Director General Pascal Lamy said on Tuesday. Political...
In this article: Doha, Geneva, Doha round, The World Bank, United States, China, and Reuters
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U.S. officials defend enforcing WTO safeguard vs. China
BEIJING (Reuters) - The safeguard provision that China agreed to as a condition for joining the World Trade Organization in 2001 should be enforced, U.S. trade officials said on Monday, despite Chinese pressure for the U.S. to reduce trade...
In this article: United States, China, Ron Kirk, Beijing, Gary Locke, Barack Obama, Europe, and Reuters
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Congress urged to combat China trade practices
WASHINGTON (Reuters) - The United States must combat China's trade-distorting industrial and currency policies with U.S. trade laws and by using the World Trade Organization, a congressional advisory body said on Thursday. China's...
In this article: China, United States, Thomson Reuters, Natural gas, Small business, Copper, and NYSE
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TIME | 5 days ago
Climate Change: Russia Skeptical of Global Warming
...even that wasn't enough. It took another seven years of painstaking negotiations and promises from the West to help Russia join the World Trade Organization (WTO) to get the country to ratify the deal. How the world will persuade...
In this article: Russia, Climate change, Global warming, Lars Rasmussen, Copenhagen, and Dmitri Medvedev
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National Post | 2 days ago
WTO to hear Canada-U.S. labelling dispute
...Thursday, November 19, 2009 WINNIPEG -- The World Trade Organization set up a dispute settlement panel on Thursday to hear a complaint from Canada and Mexico that a recent U.S. food labelling law is unfair. The law requires U.S. packers...
In this article: United States, Canada, Cattle, Gerry Ritz, Winnipeg, Mexico, and Reuters
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BBC News | 3 days ago
Pipe dream
...to Germany, has been approved by Denmark, Finland and Sweden. TRADE The EU wants clarity on Russia's long-running bid to join the World Trade Organization (WTO). The European Parliament is backing the bid, but says Russia must lower the...
In this article: EU, Russia, Ukraine, Vladimir Putin, Climate change, Sweden, and Dmitry Medvedev
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Description from Wikipedia:
The World Trade Organization (WTO) is an international organization designed by its founders to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakesh Agreement, replacing the General Agreements on Tariffs and Trade (GATT), which commenced in 1947. The World Trade Organization deals with regulation of trade between participating countries; it provides a framework for negotiating and formalising trade agreements, and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements which are signed by representatives of member governments and ratified by their parliaments. Most of the issues that the WTO focuses on derive from previous trade negotiations, especially from the Uruguay Round (1986-1994). The organization is currently endeavouring to persist with a trade negotiation called the Doha Development Agenda (or Doha Round), which was launched in 2001 to enhance equitable participation of poorer countries which represent a majority of the world's population. However, the negotiation has been dogged by "disagreement between exporters of agricultural bulk commodities and countries with large numbers of subsistence farmers on the precise terms of a 'special safeguard measure' to protect farmers from surges in imports. At this time, the future of the Doha Round is uncertain."
The WTO has 153 members, representing more than 95% of total world trade and 30 observers, most seeking membership. The WTO is governed by a ministerial conference, meeting every two years; a general council, which implements the conference's policy decisions and is responsible for day-to-day administration; and a director-general, who is appointed by the ministerial conference. The WTO's headquarters is at the Centre William Rappard, Geneva, Switzerland.
- Name:
- Organización Mundial del Comercio
- Headquarters:
- Centre William Rappard, Geneva, Switzerland
- Founding Date:
- January 01, 1995
- Head:
- Pascal Lamy
- Members:
- 153 member states
- Language:
- English, French, Spanish
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