World Trade Organization

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  • noun

Synonyms for World Trade Organization

an international organization based in Geneva that monitors and enforces rules governing global trade

References in periodicals archive ?
"In the area of e-commerce, for example, over 70 WTO members confirmed in January their intention to commence WTO negotiations on trade-related aspects," he said.
Another 32 WTO members participate in the Committee on Government Procurement as observers, of which nine are in the process of acceding to the GPA.
Foreign trade turnover of Kyrgyzstan with the WTO member states grew by 53% from 2015 to 2017, Economy Minister Oleg Pankratov said.
Under the MFN status, a WTO member country is obliged to treat other trading nations in a non-discriminatory manner, especially with regard to customs duty and other levies, but Pakistan is yet to transition fully to MFN status for India.
'Thus, such agreements are increasingly defining new rules that govern trade between their parties and are not extended to all other WTO Members. Furthermore, for some of these issues, there are no existing WTO rules governing international trade.
Kazakhstan became the 162nd WTO member on November 30, 2015.
Malaysia shared with the WTO members the economic development and reforms that had taken place throughout the period under review.
strengthening the role of the WTO in response to global challenges, establishing a new work programme for the WTO covering priority issues for business, and providing support to WTO members in their MC11 discussions and beyond.
Under the Peace Clause, WTO members agreed to refrain from challenging any breach in prescribe ceiling by a developing nation at the dispute settlement forum of the WTO.
"The EU and UK sent a letter last week to WTO members outlining an agreed position on how quotas should be split when the UK leaves the EU, but the USA and other WTO members, including Canada, Argentina, Brazil and New Zealand, had already written to the EU and UK WTO ambassadors stating their objections to the proposals," added Glyn Roberts.
Mr Roberts said that even where agreement had been reached with the EU other WTO members had objected, highlighting the dangers the UK would face in leaving the world's biggest free market and attempting to negotiate with WTO members.
Once the TFA has been ratified by all WTO members, local products, particularly agricultural goods, are expected to have better chances of competing in the global arena as the agreement calls for the removal of subsidies that often give some countries an unfair competitive advantage.
Nematzadeh called on all WTO members to support Iran's membership in the international body.
First, does the exception in Article XXIV of GATT apply at all to GATT disciplines that require nondiscrimination in regulatory measures between WTO members when the same conditions prevail?