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The World Trade Organisation ("WTO").
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| Submitted: Mon Jun 19 2006
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The World Trade Organisation ("WTO") is located in Geneva, Switzerland. It was established in January 1995 having been created by the Uruguay Round negotiations of 1986-94. Membership is around 146 countries at present with a budget of 154 million Swiss francs for 2003. Its secretariat staff is in the region of 5501. The functions of the WTO are to administer WTO agreements, a forum for trade negotiations, handling of trade disputes, monitoring national trade policies, offering technical assistance and training for developing countries and co-operating with other international organisation. Representatives of member governments meet to negotiate and discuss problems relating to trade. The WTO was born out of negotiations and its achievements are the result of these initial negotiations. The WTO's current work comes from the 1986-94 negotiations "the Uruguay Round" and earlier negotiations under the General Agreement on Tariffs and Trade ("GATT") and more recently the Doha Development Agenda...
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