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WORLD TRADE ORGANISATION (WTO)

By: Astha  ,   16 May 2014
 



World Trade Organisation- 

The opening day of the New Year 1995 marked a significant event for the world trade as it saw the long waited birth of World Trade Organisation (WTO) as an offspring of the Uruguay Round multilateral trade negotiations held under the General Agreement on Tariffs and Trade (GATT). WTO was created replacing GATT with its head quarters in Geneva, Switzerland and has 144 countries including India as member. The highest decision making level under WTO is Ministerial Conference of designated ministers of members countries held at least every two years. WTO is headed by Director General. 

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