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The economists Harry Dexter White (left) and John Maynard Keynes (right) at the Bretton Woods Conference in New Hampshire [27]. The WTO precursor, General Agreement on Tariffs and Trade (GATT), was established by a multilateral treaty of 23 countries in 1947 after the end of World War II, in the wake of other new multilateral institutions dedicated to international economic cooperation—such ...
The WTO isn’t the sole reason for our deficits, but it’s the biggest one. We do need a rules-based mechanism for global trade, but the current system is far from equitable. The WTO’s flaws ...
The remaining WTO members acceded after first becoming WTO observers and negotiating membership. The 27 states of the European Union are dually represented, as the EU is a full member of the organization. Other autonomous entities are eligible for full membership in the WTO provided that they have a separate customs territory with full autonomy ...
The WTO's 10th Ministerial Conference was held in Nairobi, Kenya, from 15 to 19 December 2015. The completion of Afghanistan and Liberia's accession to the WTO was on the agenda. It culminated in the adoption of the "Nairobi Package", a series of six Ministerial Decisions on agriculture, cotton and issues related to least-developed countries ...
One of the most significant changes was the creation of the World Trade Organization (WTO). The 76 existing GATT members and the European Communities became the founding members of the WTO on 1 January 1995. The other 51 GATT members rejoined the WTO in the following two years (the last being Congo in 1997). Since the founding of the WTO, 33 ...
The director-general supervises the WTO secretariat of about 700 staff and is appointed by WTO members for a term of four years. [ 1 ] The post of Director-General had been vacant since 31 August 2020, [ 2 ] after the resignation of Roberto Azevêdo of Brazil who had held the post since 1 September 2013. [ 3 ]
The Free Trade Area of the Americas logo, representing the Americas as geometric figures. The Free Trade Area of the Americas (FTAA, or in Spanish-speaking countries the Área de Libre Comercio de las Américas, ALCA) was a proposed agreement to eliminate or reduce the trade barriers among all countries in the Americas, excluding Cuba.
Headquarters building. The World Customs Organization (WCO) is an intergovernmental organization headquartered in Brussels, Belgium.Notable projects include its collaboration with the WTO on trade facilitation and the implementation of the SAFE Framework of Standards to secure global supply chains.