The World Trade Organization (WTO) is the only global organization that deals with international trade rules between nations. In 2009, the WTO held a public forum called "Global Problems, Global Solutions" to discuss various issues relating to multilateral trade. Key topics discussed included the roles of business, commodity prices, climate policies, protectionism, and strengthening the rule of law to promote global governance. Responsibility for addressing these problems lies with the WTO, governments, and business leaders. The WTO can help solve the current financial crisis by increasing trade liberalization and preventing protectionism. However, it needs reforms to give developing countries more voice in decision making and stop discriminatory practices.

1. Presented by Saba Al Sultan
Instructor: Dr.Rehana Parveen

2. • is the only global international organization dealing with the
rules of trade between nations.
• At its heart are the WTO agreements, negotiated and signed by
the bulk of the world's trading nations and ratified in their
parliaments.
• It deals with matters that regulates international trade, it also
finding global solutions to global problems and try to deal with
the the main challenges facing the multilateral trading systems
and reflections on the post-crisis agenda for the WTO.

3. Geneva form (2009)
• public form that was held by the WTO and which hold the title “Global
Problems, Global Solutions: Towards Better Global Governance”
• This form discussed many aspects such as the multilateral trading, the
participation of the government, trade union, representatives of non-
governmental organizations and other issues
• This form resulted to many significant roles of the multilateral trading
system and when it comes to the awake the financial and economic crises

4. The main issues that were discussed in relation to the
Global Problems and Global solutions in this convention:
1. The role of business leadership in creating better global governance for world trade
2. International trade and commodity price
3. Climate-change policies and trade rules
4. Protectionism
5. Interaction between competition and trade policy
6. Promoting global governance by strengthening the rule of law
7. Trade and employment in times of crisis
8. Technology in public private global development
9. Global problems, global solutions: food
10. Regulating agricultural markets
11. Human rights impact assessments
12. Increasing the transparency of SPS measures
13. Private environmental standards.

5. Who is responsible ?
1. The WTO, since it is responsible of the
world's trading nations.
2. The leaders in business and the business
community because control the business
3. The country’s governments because they
are the one who regulate every thing in the
country.

6. WTO and GATT rules role in the current
financial and economic crisis
The WTO has the potential of solving the the current financial
crisis by:
1. Increasing trade liberalization
2. setting rules which promotes stopping protectionism
3. applying a scheduled for the commitments and decreasing
trade barriers.
Those important solutions must be the priorities for WTO
members and they should not hesitate to implement them if they
truly want to stop the current economic crises.

7. The Major problem in how the WTO
currently function
• even when the majority of the WTO members are developing
countries which are from Africa, Asia, most of of them have little
to say when it comes to decision making in WTO meetings.
• In addition to that the WTO mostly do not invite most of these
countries to it’s key meetings.
• The WTO need to stop such discrimination and take a real step
to raise up the bar and take an action to stop the economic

8. Conclusion
• Even when the global problems seem to be unsolvable the WTO has the potential to
gradually solve these problems by implementing those solutions on countries when
conducting trade internationally.
• Developed, developing and even least developed countries can overcome the obstacles
and challenges which they are facing if the WTO set strict rules to solve these problems.
• The WTO need to stop being the tool of the wealthy and powerful and start being the
tool of all countries internationally by functioning equally and drop its discriminatory
attitude.

9. References
• WTO PUBLIC FORUM 2009 GLOBAL PROBLEMS, GLOBAL SOLUTIONS:. (
2010). WTO Public Forum 2009: Towards Better Global Governance, 1-
216. Retrieved from
https://www.wto.org/english/res_e/booksp_e/public_forum09_e.pdf.
• Payne, R. J. (2012). Global Issues (4th ed.).
• Snarr, T., & Snarr, D. N. Introducing Global Issues (6th ed.). Lynne Rienner
publisher.
• C. (2015). Global Issues: Selections from CQ Researcher . SAGE
Publications.