World Trade Organization Ppt

8/18/2019 World Trade Organization Ppt

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DEPARTMENT OF BUSINESS ADMINISTRATIONUNIVERSITY OF LUCKNOW

TERM PAPERTOPIC

Submitted to:Submitted by:

Dr .Ajai prakashSaddam husainAssistant professor

MBA(II sem)


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World Trade

Organization (WTO)TheWorld Trade Organization (WTO) is an

intergovernmental organization which regulatesinternational trade. The

WTO officially commenced on 1 January 1995 under theMarrakech Agreement, signed by 123 nations on 15 April 1994, replacing

theGeneral Agreement on Tariffs and Trade (GATT), which commenced in

1948.[5] The WTO deals with regulation of trade between participating

countries by providing a framework for negotiating trade agreements and a

dispute resolution process aimed at enforcing participants' adherence to

WTO agreements, which are signed by representatives of member

governments[6]:fol.9–10 and ratified by their parliaments.[7] Most of the issues

that the WTO focuses on derive from previous trade negotiations, especially

from theUruguay Round (1986–1994).

http://en.wikipedia.org/wiki/Intergovernmental_organizationhttp://en.wikipedia.org/wiki/International_tradehttp://en.wikipedia.org/wiki/Marrakech_Agreementhttp://en.wikipedia.org/wiki/General_Agreement_on_Tariffs_and_Tradehttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/Uruguay_Roundhttp://en.wikipedia.org/wiki/Uruguay_Roundhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/General_Agreement_on_Tariffs_and_Tradehttp://en.wikipedia.org/wiki/Marrakech_Agreementhttp://en.wikipedia.org/wiki/International_tradehttp://en.wikipedia.org/wiki/Intergovernmental_organization


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General Agreement on Tariffs and

Trade (GATT)

TheGeneral Agreement on Tariffs and Trade (GATT) was a multilateral

agreement regulating international trade. According to its preamble, its purpose

was the "substantial reduction of tariffs and other trade barriers and the

elimination of preferences, on a reciprocal and mutually advantageous basis." It

was negotiated during theUnited Nations Conference on Trade and Employment

and was the outcome of the failure of negotiating governments to create the

International Trade Organization (ITO). GATT was signed by 23 nations in

Geneva on October 30, 1947 and took effect on January 1, 1948. It lasted until the

signature by 123 nations in Marrakesh on April 14, 1994 of the Uruguay Round

Agreements, which established theWorld Trade Organization (WTO) on January

1, 1995.

http://en.wikipedia.org/wiki/United_Nationshttp://en.wikipedia.org/wiki/International_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/International_Trade_Organizationhttp://en.wikipedia.org/wiki/United_Nations


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Location:$ene%a& Siterland

Establis!":* +anuary *,,-

C#!at!" b$: ru/uay Round ne/otiations (*,0",1)M!%b!#si&: *"*#ountries

B'"(!t: *,2 million Siss fran#s for 3!*4

S!c#!ta#iat sta): "1!

5urpose: Regulateinternational tradeOfficial language:English,French,Spanish[2]

*!a": Roberto Ae%6do (Dire#tor$eneral)

F'nctions:

7 Administerin/ 89 trade a/reements

7 ;orum for trade ne/otiations

7


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OBJECTIVES OF WTO

The important objectives of WTO are:*. To improve the standard of living of people in the member countries.

2. To ensure full employment and broad increase in effective demand3. To enlarge production and trade of goods.

4. To increase the trade of services.

5. To ensure optimum utilization of world resources.

6. To protect the environment.

7. To accept the concept of sustainable development.


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Members and

Observers161 members23Observers


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10 things the WTOcan doThe WTO can ...1cut living costs and raise living standards

2settle disputes and reduce trade tensions3stimulate economic growth and employment

4cut the cost of doing business internationally

5encourage good governance

6help countries develop

7give the weak a stronger voice

8support the environment and health

9contributeto peace and stability

10be effective without hitting the headlines

https://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi01_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi02_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi03_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi04_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi05_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi06_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi07_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi08_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi09_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi09_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi10_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi10_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi10_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi09_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi09_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi08_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi07_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi06_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi05_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi04_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi03_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi02_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10thi_e/10thi01_e.htm


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LIST OF DIRECTORS-GENERAL

Roberto Azevedo, 2013

PascalLamy, 2005–2013

Supachai Panitchpakdi, 2002–2005

Mike Moore, 1999–2002Renato Ruggiero, 1995–1999

Peter Sutherland, 1995

(Heads of the precursor organization,GATT):

Peter Sutherland, 1993–1995

ArthurDunkel, 1980–1993

Olivier Long, 1968–1980

Eric Wyndham White, 1948–1968

http://en.wikipedia.org/wiki/Roberto_Azevedohttp://en.wikipedia.org/wiki/Roberto_Azevedohttp://en.wikipedia.org/wiki/Pascal_Lamyhttp://en.wikipedia.org/wiki/Pascal_Lamyhttp://en.wikipedia.org/wiki/Supachai_Panitchpakdihttp://en.wikipedia.org/wiki/Supachai_Panitchpakdihttp://en.wikipedia.org/wiki/Mike_Moore_(New_Zealand_politician)http://en.wikipedia.org/wiki/Renato_Ruggierohttp://en.wikipedia.org/wiki/Renato_Ruggierohttp://en.wikipedia.org/wiki/Peter_Sutherlandhttp://en.wikipedia.org/wiki/GATThttp://en.wikipedia.org/wiki/Peter_Sutherlandhttp://en.wikipedia.org/wiki/Arthur_Dunkelhttp://en.wikipedia.org/wiki/Arthur_Dunkelhttp://en.wikipedia.org/wiki/Olivier_Longhttp://en.wikipedia.org/wiki/Eric_Wyndham_Whitehttp://en.wikipedia.org/wiki/Eric_Wyndham_Whitehttp://en.wikipedia.org/wiki/Olivier_Longhttp://en.wikipedia.org/wiki/Arthur_Dunkelhttp://en.wikipedia.org/wiki/Arthur_Dunkelhttp://en.wikipedia.org/wiki/Peter_Sutherlandhttp://en.wikipedia.org/wiki/GATThttp://en.wikipedia.org/wiki/Peter_Sutherlandhttp://en.wikipedia.org/wiki/Renato_Ruggierohttp://en.wikipedia.org/wiki/Renato_Ruggierohttp://en.wikipedia.org/wiki/Mike_Moore_(New_Zealand_politician)http://en.wikipedia.org/wiki/Supachai_Panitchpakdihttp://en.wikipedia.org/wiki/Supachai_Panitchpakdihttp://en.wikipedia.org/wiki/Supachai_Panitchpakdihttp://en.wikipedia.org/wiki/Pascal_Lamyhttp://en.wikipedia.org/wiki/Pascal_Lamyhttp://en.wikipedia.org/wiki/Roberto_Azevedohttp://en.wikipedia.org/wiki/Roberto_Azevedo


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Date Host City

st !"3 #ecember !!6 $ingapore

2nd %"2& 'ay !!% (eneva) $witzerland

3rd 3& *ovember " 3

#ecember !!!

$eattle) +nited $tates

4th !"4 *ovember 2&& #oha) ,atar

5th &"4 $eptember2&&3

-ancn) 'e/ico

6th 3"% #ecember 2&&5 0ong 1ong

7th 3& *ovember " 2#ecember 2&&!

(eneva) $witzerland

%th 5"7 #ecember 2& (eneva) $witzerland

!th 3"6 #ecember 2&3 ali) ndonesia

Minist#ial con,!#!nc!s

9he Minist!#ial Con,!#!nc! is the top de#ision makin/ body of the 8orld 9rade r/aniation (89). 9here ha%e been nine #onferen#es from *,," to 3!*4& usually e%ery to years.

http://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_1996http://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_1998http://en.wikipedia.org/wiki/Genevahttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_1999http://en.wikipedia.org/wiki/Seattlehttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2001http://en.wikipedia.org/wiki/Dohahttp://en.wikipedia.org/wiki/Qatarhttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2003http://en.wikipedia.org/wiki/Canc%C3%BAnhttp://en.wikipedia.org/wiki/Mexicohttp://en.wikipedia.org/wiki/Mexicohttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2005http://en.wikipedia.org/wiki/Hong_Konghttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2009http://en.wikipedia.org/wiki/Genevahttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2011http://en.wikipedia.org/wiki/Genevahttp://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2013http://en.wikipedia.org/wiki/Bali,_Indonesiahttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/World_Trade_Organizationhttp://en.wikipedia.org/wiki/Bali,_Indonesiahttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2013http://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Genevahttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2011http://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Genevahttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2009http://en.wikipedia.org/wiki/Hong_Konghttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2005http://en.wikipedia.org/wiki/Mexicohttp://en.wikipedia.org/wiki/Canc%C3%BAnhttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2003http://en.wikipedia.org/wiki/Qatarhttp://en.wikipedia.org/wiki/Dohahttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_2001http://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Seattlehttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_1999http://en.wikipedia.org/wiki/Switzerlandhttp://en.wikipedia.org/wiki/Genevahttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_1998http://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/World_Trade_Organization_Ministerial_Conference_of_1996


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ADVANTAGE OF WTO

*. 9he system helps promote pea#e3. Disputes are handled #onstru#ti%ely4. Rules make life easier for all1. ;reer trade #uts the #osts of li%in/-. It pro%ides more #hoi#e of produ#ts and >ualities

". 9rade raises in#omes2. 9rade stimulates e#onomi# /roth0. 9he basi# prin#iples make life more e?#ient,. $o%ernments are shielded from lobbyin/*!. 9he system en#oura/es /ood /o%ernment

https://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b01_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b02_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b03_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b04_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b05_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b06_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b07_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b08_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b09_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b10_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b10_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b09_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b08_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b07_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b06_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b05_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b04_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b03_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b02_e.htmhttps://www.wto.org/english/thewto_e/whatis_e/10ben_e/10b01_e.htm


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DISADVANTAGE OF WTO

•T! WTO Is F'n"a%!ntall$ Un"!%oc#atic•T! WTO Will Not Ma.! Us Sa,!#•T! WTO T#a%&l!s Labo# an" *'%an Ri(ts•T! WTO Wo'l" P#i/ati0! Ess!ntial S!#/ic!s

•T! WTO Is D!st#o$in( t! En/i#on%!nt•T! WTO is Killin( P!o&l!•T! WTO is *'n(!#•T! WTO *'#ts Poo#1 S%all Co'nt#i!s in Fa/o# o, RicPo-!#,'l Nations•

T! WTO Un"!#%in!s Local L!/!l D!cision2Ma.in( an"National So/!#!i(nt$•T!#! a#! Alt!#nati/!s to t! WTO•T! Ti"! is T'#nin( A(ainst F#!! T#a"! an" t! WTO•Inc#!asin( In!3'alit$•T! WTO is Inc#!asin(


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REFERENCES

for preparin/ the proje#t I uses the folloin/:ebsites:

.to.or/http:@@en.ikipedia.or/@iki@8orld9rader/aniationBook:I9CRA9IA BSICSS CEIRMC9 AD5CRA9I &*! CDI9I 5CARS 5RC9I=C


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THANK YOU

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World Trade Organization Ppt