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ON THIS PAGE: Introducing the WTO Fact file Caution: the fine print |
What is the WTO? The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the worlds trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business. |
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![]() The WTO in Brief A starting point for essential information about the WTO. > Browse html version online > Download in pdf format (8 pages, 658 KB) About the WTO
Understanding the WTO’
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Download by chapter (pdf format): 10 benefits of the WTO trading system 10 common misunderstandings about the WTO The WTO a training package Videos WTO/CPA booklet for MPs A word of caution: the fine print While every effort has been made to ensure the accuracy of the texts in this introductory section, they cannot be taken as an official legal interpretation of the agreements. In addition, some simplifications are used in order to keep the text simple and clear. In particular, the words country and nation are frequently used to describe WTO members, whereas a few members are officially customs territories, and not necessarily countries in the usual sense of the word (see list of members). The same applies when participants in trade negotiations are called countries or nations. Where there is little risk of misunderstanding, the word member is dropped from member countries (nations, governments), for example in the descriptions of the WTO agreements. Naturally, the agreements and commitments do not apply to non-members. In some parts of the text, GATT is described as an international organization. The phrase reflects GATT's de facto role before the WTO was created, and it is used simplistically here to help readers understand that role. As the text points out, this role was always ad hoc, without a proper legal foundation. International law did not recognize GATT as an organization. For simplicity, the text also uses the term GATT members. Officially, GATT signatories were contracting parties. |
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