WTO is an abbreviation for World Trade Organization. The world desperately needs an effective WTO. World Trade Organization. the abbreviation of the World Trade Organization
World Trade Organization is an international organization formed to develop and enforce worldwide rules to promote international trade, including lowering tariffs and removing national trade barriers that restrict imports or exports of goods and services
World Trade Organisation International Organisation created in 1995, which succeeded to the GATT It has to conclude commercial agreements and to look after their implementation Its action is controversial because it does not include all countries and some have more power than others China is the latest country to join the WTO in December 2001 (In French OMC, Organisation Mondiale du Commerce) )
World Trade Organisation Successor organisation to GATT (General Agreement on Tariffs & Trade), it's an int'l forum designed to reduce world trade barriers Unlike obsolete GATT, the 124-founding member WTO is not a UN agency & is permanent, not interim
The World Trade Organisation A body of important people that meets regularly to try and stop the USA and Europe arguing about bananas, with limited success
World Trade Organisation, a body based in Geneva, Switzerland, which superseded the General Agreement on Tariffs and Trade (Gatt) in 1995 following negotiations conducted between 1986 and 1993 under the Uruguay Round of multilateral trade talks