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WORLD TRADE
ORGANISATION
WTO MEMBERS
OBSERVERS
EUROPEAN UNION
•INTRODUCTION

 The World Trade Organization (WTO)
 deals with the global rules of trade
 between nations. It is an organization that
 intends to supervise and liberalize
 international trade.
              The organization officially
 commenced on January 1, 1995 under the
 Marrakech Agreement replacing the
 General Agreement on Tariffs and Trade
 which commenced in 1948.
OBJECTIVES
 To set and enforce rules for
international trade.
  To provide a forum for
negotiating and monitoring
further trade liberalization.
  To resolve trade disputes.
OBJECTIVES
  To increase the transparency of
decision-making processes.
  To cooperate with other major
international economic institutions
involved in global economic
management.
  To help developing countries
benefit fully from the global trading
system
ORGANISATIONAL STUCTURE
FUNCTIONS


 To oversee implementing and
administering WTO agreements.
 To provide a forum for negotiations.
 To provide a dispute settlement
mechanism.
•



                        GENERAL       AGREEMENT ON
     MULTILATERAL    AGREEMENTS ON
    AGREEMENTS ON                     TRADE RELATED
                        TRADE IN        ASPECTS OF
    TRADE IN GOODS      SERVICES       INTELLECTUAL
                                     PROPERTY RIGHTS




    UNDERSTANDING
     ON RULES AND
     PROCEDURES       PLURILATERAL    TRADE POLICY
    GOVERNING THE        TRADE           REVIEW
    SETTLEMENT OF     AGREEMENTS       MECHANISM
       DISPUTES
INDIA AND WTO
Basic Indicators
    Population   1 241 492   Rank in          Export   Import
    (thousands               world trade,
    , 2011)                  2011
    GDP          1 847 982   Merchandise      19       12
    (million
    current
    US$, 2011
    GDP          4 530 861   Excluding        13       8
    (million                 intra EU trade
    current
    PPP US$,
    2011)
    Trade per    641         Commercial       8        7
    capita                   services
    (US$,
    2009-2011)

    Trade to     48.1        Excluding        5        5
    GDP ratio                intra EU trade
    (2009-
    2011)

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World trade

  • 3. •INTRODUCTION The World Trade Organization (WTO) deals with the global rules of trade between nations. It is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement replacing the General Agreement on Tariffs and Trade which commenced in 1948.
  • 4. OBJECTIVES To set and enforce rules for international trade. To provide a forum for negotiating and monitoring further trade liberalization. To resolve trade disputes.
  • 5. OBJECTIVES To increase the transparency of decision-making processes. To cooperate with other major international economic institutions involved in global economic management. To help developing countries benefit fully from the global trading system
  • 7. FUNCTIONS To oversee implementing and administering WTO agreements. To provide a forum for negotiations. To provide a dispute settlement mechanism.
  • 8. GENERAL AGREEMENT ON MULTILATERAL AGREEMENTS ON AGREEMENTS ON TRADE RELATED TRADE IN ASPECTS OF TRADE IN GOODS SERVICES INTELLECTUAL PROPERTY RIGHTS UNDERSTANDING ON RULES AND PROCEDURES PLURILATERAL TRADE POLICY GOVERNING THE TRADE REVIEW SETTLEMENT OF AGREEMENTS MECHANISM DISPUTES
  • 9. INDIA AND WTO Basic Indicators Population 1 241 492 Rank in Export Import (thousands world trade, , 2011) 2011 GDP 1 847 982 Merchandise 19 12 (million current US$, 2011 GDP 4 530 861 Excluding 13 8 (million intra EU trade current PPP US$, 2011) Trade per 641 Commercial 8 7 capita services (US$, 2009-2011) Trade to 48.1 Excluding 5 5 GDP ratio intra EU trade (2009- 2011)