World Trade Organization (WTO)

The World Trade Organization (WTO), established in 1995 as the successor to the General Agreement on Tariffs and Trade (GATT) following the conclusion of the Uruguay Round of multilateral trade negotiations, was the legal and institutional foundation of the multilateral trading system. It provided the principal contractual obligations determining how Governments framed and implemented domestic trade regulations and legislation. WTO also served as the platform on which trade relations among countries evolved through collective debate, negotiation and adjudication. In 1997, WTO continued to oversee the rules of international trade, settle trade disputes between Governments and organize trade negotiations.

Sustainable Development Goals:

Peace, Justice and Strong Institutions

Partnerships for the Goals