SHIMANTO DEB 1

Slide Title

• Make Effective Presentations• Using Awesome Backgrounds• Engage your Audience• Capture Audience Attention

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SHIMANTO DEB 2

Evolution of the international system of trade. (GATT, WTO).

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SHIMANTO DEB 3

Topic to be covered………• Establishment of GATT & WTO• Function of WATT & WTO• Objective of WTO & GATT• Members countries of WTO & GATT• Role of this organization in development

countries specially Bangladesh

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SHIMANTO DEB 4

Shimanto Deb

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SHIMANTO DEB 5

Establishment of GATT• In 1947, 30th October.• Commenced in 1948• Foundation member with 15 countries• Expanded member to 23 countries• In lieu of ITO• Subscribed by 115 government• Based on free trade principle

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SHIMANTO DEB 6

Establishment of WTO

• Commenced in 1995• Started journey in 1st January, 1995• Located in Geneva, Switzerland.• Budget was 169 million• Under Marrakesh Agreement• Started with 123 countries• Present Members are 164 countries

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SHIMANTO DEB 7

Members Country of WTO

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SHIMANTO DEB 8

Members Country of GATT

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SHIMANTO DEB 9

FunctionWTO

• Maintain trade related database

• Watch dog of international trade

• Trade negotiation• Implementation and

monitoring• Dispute settlement• Building trade capacity• Outreach

GATT

• Restricted coverage• Protection through tariff• Dispute settlement but not

effective• National treatment• Trade negotiations

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SHIMANTO DEB 10

Objective

WTO

• Trade without discrimination• Promote free trade• Increase the level of

productivity• Special steps to develop the

poor country• Expand and utilize the world

resources• Promote multilateral trade

GATT

• Economic Development• Reduce trade barrier• Access to agricultural

development• Ensure better living standard• Minimize tariff

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SHIMANTO DEB 11

Role of this organization in development countries specially Bangladesh

WTO• Help in the development in

economic sector• Works with hand in hand against

poverty• Create Employment• Technical assistant • Training Advisory program

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SHIMANTO DEB 123/20/2017