WORLD TRADE ORGANIZATION
- World Trade Organization (WTO) is an international organization that aims to liberalize international trade.
- The World Trade Organization provides a single forum for member countries to negotiate trade agreements and settled trade disputes.
- WTO was established at the initiative of developed countries to establish rules for international trade and ensure that these rules are followed.
- The World Trade Organization currently has members from about 160 nations .
- Although the WTO is established to provide free commerce for all, it is clear that rich countries have unfairly preserved trade restrictions .
- WTO rules have forced developing countries to eliminate trade barriers.
