Mention the objectives Of the World Trade Organization.

1.	Mention the objectives Of the World Trade Organization.
Answer» The World Trade Organization (WTO) was established on 1st January, 1995. Its headquarters are at Geneva in Switzerland. The objectives of the WTO are as follows: To remove obstacles in the international trade. To overcome the protection given to domestic industry to facilitate global trade. To coordinate domestic trade policies with world trade policy. To resolve international trade related disputes. The following steps have been taken to realize these objectives: An international body has been set up to implement international agreements related to trade. The WTO serves as a forum for regulating international trade. The WTO promotes discrimination free international trade. The WTO observes domestics trade policies of the member-states and suggests required improvements therin.

Answer»

The World Trade Organization (WTO) was established on 1st January, 1995. Its headquarters are at Geneva in Switzerland.

The objectives of the WTO are as follows:
To remove obstacles in the international trade.
To overcome the protection given to domestic industry to facilitate global trade.
To coordinate domestic trade policies with world trade policy.
To resolve international trade related disputes.
The following steps have been taken to realize these objectives:
An international body has been set up to implement international agreements related to trade.
The WTO serves as a forum for regulating international trade.
The WTO promotes discrimination free international trade.
The WTO observes domestics trade policies of the member-states and suggests required improvements therin.

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