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Wikipedia.org
World Trade Organization (Wikipedia.org)

The World Trade Organization (WTO), (OMC - Organisation mondiale du commerce, Organización Mundial del Comercio) is an international organization designed to supervise and liberalize international trade. The WTO came into being on January 1, 1995, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1948, and continued to operate for almost five decades as a de facto international organization.

The World Trade Organization deals with the rules of trade between nations at a near-global level; it is responsible for negotiating and implementing new trade agreements, and is in charge of policing member countries' adherence to all the WTO agreements, signed by the bulk of the world's trading nations and ratified in their parliaments. Most of the WTO's current work comes from the 1986-94 negotiations called the Uruguay Round, and earlier negotiations under the GATT. The organization is currently the host to new negotiations, under the Doha Development Agenda (DDA) launched in 2001.

The WTO is governed by a Ministerial Conference, which meets every two years; a General Council, which implements the conference's policy decisions and is responsible for day-to-day administration; and a director-general, who is appointed by the Ministerial Conference. The WTO's headquarters are in Geneva, Switzerland.

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There could be an end in sight for the EU's "Banana War" with Latin America. Producers angry over having to pay high taxes for access to European markets could see taxes fall if the US, home to three ...
5 days ago
France 24
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The World Trade Organisation has been emphasizing the importance of the Doha trade talks even more since the financial crisis began. Pascal ...
4m 54s |
a week ago
CNBC Video Gallery - CNBC.com
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Ten years ago World Trade Organization protestors all but shut down the city of Seattle. These days the protests are much smaller, with activists instead focused on other summits such as Copenhagen.
3m 4s |
a week ago
The Wall Street Journal
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The talks kicked off in Geneva on Monday.
a week ago
CNN-IBN (India)
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A group of demonstrators opposing a meeting of top world trade officials set fire to cars, broke shop windows and committed other acts of violence in advance of a major WTO meeting that starts Monday....
a week ago
NBC (Pittsburgh, PA)
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Since China's entering of the World Trade Organization nine years ago, trade between the US and China has "absolutely exploded," Ambassador ...
8m 36s |
4 weeks ago
CNBC Video Gallery - CNBC.com
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TVO | Steve Paikin
Boom and bust: the Middle Kingdom confronts a messy recession.
53m 48s |
9 months ago
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Council on Foreign Relations
Watch CFR experts examine U.S. foreign policy toward Asia, the global economy, and the challenges and opportunities that fill the new administration's inbox.
55m 24s |
9 months ago
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