ROLE OF WTO IN FACILITATING FREE TRADE
AMONG NATIONS
Presented by
Arun kumar -0
Sa!ar kumar "#s$a% -&&
Am#% sameer s#n!$ -'(
Am#t kumar s#n!$ -)
At#rek -*
Ar#$ant +a#n -)&
WTO - INTRO
•
T$e World Trade Organization ,WTO- #s
an .r!an#/at#.n t$at #ntends t. su0er"#se
and %#bera%#/e #nternat#.na% trade
•
T$e .r!an#/at#.n .11#2#a%%y 2.mmen2ed .n & 3anuary &44*
under t$e Marrake2$ A!reement5 s#!ned by &') nat#.ns .n &*
A0r#% &445 re0%a2#n! t$e Genera% A!reement .n Tar#11s and
Trade ,GATT-5 6$#2$ 2.mmen2ed #n &478
F9NCTION OF WTO
• The role of WTO in international trade is as stipulated in the Agreement
establishing it (Article III of the Agreement establishing WTO) and
includes:
&8 Fa2#%#tat#n! t$e #m0%ementat#.n5 adm#n#strat#.n and .0erat#.n and 1urt$er#n! t$e
.b+e2t#"es .1 t$e a!reement estab%#s$#n! #t and .t$er Mu%t#%atera% Trade
A!reements and 0r."#d#n! t$e 1rame6.rk 1.r t$e #m0%ementat#.n5
adm#n#strat#.n and .0erat#.n .1 t$e P%ura%#ty Trade A!reements8 ,Art#2%e III .1
t$e A!reement estab%#s$#n! WTO-
'8 Pr."#d#n! t$e 1.rum 1.r ne!.t#at#.ns am.n! #ts Members 2.n2ern#n! t$e#r
mu%t#%atera% trade re%at#.ns #n matters dea%t 6#t$ under t$e a!reements #n t$e
Anne:es t. t$e A!reement sett#n! #t u0 and 1.r t$e resu%ts .1 su2$ ne!.t#at#.ns as
may be de2#ded by t$e M#n#ster#a% C.n1eren2e8 ,Art#2%e III .1 t$e A!reement
estab%#s$#n! WTO-
CONTD.
)8 Adm#n#ster#n! t$e 9nderstand#n! .n Ru%es and Pr.2edures G."ern#n! t$e
Sett%ement .1 D#s0utes .r t$e D#s0ute Sett%ement 9nderstand#n! 6$#2$ #s
Anne: ' t. t$e a!reement sett#n! #t u08 ,Art#2%e III .1 t$e A!reement
estab%#s$#n! WTO-
8 Adm#n#ster#n! t$e Trade P.%#2y Re"#e6 Me2$an#sm #n Anne: ) .1 t$e
a!reement sett#n! #t u08 ,Art#2%e III .1 t$e A!reement estab%#s$#n! WTO-
*8 C..0erat#n! as a00r.0r#ate 6#t$ t$e Internat#.na% M.netary Fund and t$e
Internat#.na% ;ank 1.r Re2.nstru2t#.n and De"e%.0ment
AMONG NATIONS
Presented by
Arun kumar -0
Sa!ar kumar "#s$a% -&&
Am#% sameer s#n!$ -'(
Am#t kumar s#n!$ -)
At#rek -*
Ar#$ant +a#n -)&
WTO - INTRO
•
T$e World Trade Organization ,WTO- #s
an .r!an#/at#.n t$at #ntends t. su0er"#se
and %#bera%#/e #nternat#.na% trade
•
T$e .r!an#/at#.n .11#2#a%%y 2.mmen2ed .n & 3anuary &44*
under t$e Marrake2$ A!reement5 s#!ned by &') nat#.ns .n &*
A0r#% &445 re0%a2#n! t$e Genera% A!reement .n Tar#11s and
Trade ,GATT-5 6$#2$ 2.mmen2ed #n &478
F9NCTION OF WTO
• The role of WTO in international trade is as stipulated in the Agreement
establishing it (Article III of the Agreement establishing WTO) and
includes:
&8 Fa2#%#tat#n! t$e #m0%ementat#.n5 adm#n#strat#.n and .0erat#.n and 1urt$er#n! t$e
.b+e2t#"es .1 t$e a!reement estab%#s$#n! #t and .t$er Mu%t#%atera% Trade
A!reements and 0r."#d#n! t$e 1rame6.rk 1.r t$e #m0%ementat#.n5
adm#n#strat#.n and .0erat#.n .1 t$e P%ura%#ty Trade A!reements8 ,Art#2%e III .1
t$e A!reement estab%#s$#n! WTO-
'8 Pr."#d#n! t$e 1.rum 1.r ne!.t#at#.ns am.n! #ts Members 2.n2ern#n! t$e#r
mu%t#%atera% trade re%at#.ns #n matters dea%t 6#t$ under t$e a!reements #n t$e
Anne:es t. t$e A!reement sett#n! #t u0 and 1.r t$e resu%ts .1 su2$ ne!.t#at#.ns as
may be de2#ded by t$e M#n#ster#a% C.n1eren2e8 ,Art#2%e III .1 t$e A!reement
estab%#s$#n! WTO-
CONTD.
)8 Adm#n#ster#n! t$e 9nderstand#n! .n Ru%es and Pr.2edures G."ern#n! t$e
Sett%ement .1 D#s0utes .r t$e D#s0ute Sett%ement 9nderstand#n! 6$#2$ #s
Anne: ' t. t$e a!reement sett#n! #t u08 ,Art#2%e III .1 t$e A!reement
estab%#s$#n! WTO-
8 Adm#n#ster#n! t$e Trade P.%#2y Re"#e6 Me2$an#sm #n Anne: ) .1 t$e
a!reement sett#n! #t u08 ,Art#2%e III .1 t$e A!reement estab%#s$#n! WTO-
*8 C..0erat#n! as a00r.0r#ate 6#t$ t$e Internat#.na% M.netary Fund and t$e
Internat#.na% ;ank 1.r Re2.nstru2t#.n and De"e%.0ment