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The world trading organization.
Member rating: No Rating | Words: | Submitted: Mon Nov 10 2003
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1. THE WORLD TRADING ORGANIZATION The world trading organization (WTO) being working since 1947. The general agreement under tariffs and trade (GAUTT), started the activity from January, 1, 1995. WTO is called to adjust trading - political attitudes(relations) of participants of the Organization on the basis of package of the Uruguayan round of multilateral trading negotiations (1986-1994). These documents are legal basis of modern international trade. The agreement on establishment of WTO provides creation of a permanent forum of countries - members for settlement of the problems influencing their multilateral trade relations, and the control of realization of agreements and arrangements of the Uruguayan round. WTO functions in many respects the same as and GAUTT, but thus carries out the control of wider spectrum of trading agreements (including trade in services and questions of trading aspects of rights of the intellectual property) and has much more powers in...
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