However, the WTO continues to play an active role in world trade, not only through the application and settlement of trade disputes on the basis of existing agreements, but also as the ultimate effort of all countries to achieve further trade liberalization around the world. However, since it is a multilateral free trade agreement involving all Member States, there are often deadlocks between countries when it comes to reaching a universal agreement, particularly between developed and developing countries, by denouncing the terms of trade, particularly on sensitive issues such as agriculture. That is why we are seeing more and more bilateral or regional free trade agreements between countries that are relatively easier to reach agreement between the parties than the global agreement. > Go to a basic statement of agreements … > … or a more technical list > abbreviations „The World Trade Organization (WTO) is the only international organization dealing with the rules of trade between nations. The focus is on WTO agreements, which have been negotiated and signed by most countries in the world and ratified by their parliaments. The goal is to help manufacturers of goods and services, exporters and importers do business. [Excert von DER EINF-HRUNG der WTO-Homepage.] The WTOs agreements are often regarded as the final act of the Uruguay Round of 1986-1994, although the final act is, strictly speaking, the first of the agreements. You can download these texts as WordPerfect or PDF files.
The WTO is mentioned almost daily in the news, almost always at multilateral summits between countries. The WTO is seen as a forum for promoting trade between countries in an increasingly globalised and interdependent world. The idea of such a multilateral trade organization was born first from the General Agreement on Tariffs and Trade (GATT) in 1948, then from several trade agreements and cycles such as the Marrakesh Agreement (1995) and the Uruguay Round (1986-1994). The WTO was officially established in 1995. Hyun-Ki „Brian“ Kim wrote this research guide as part of the course requirements for the course for the Advanced, Comparative and International Forensic Research 2013 research course. Kim, who is fluent in English and Korean, was a member of the Journal of Transnational Law – Contemporary Problems (TLCP) and graduated in December 2014 from the University of Iowa College in Law. CONTACT Usa: World Trade Organization, Rue de Lausanne 154, CH-1211 Geneva 21, Switzerland.