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PULAULIO(6) To accept the concept of sustainable development.(7) To protect environment.The following are the functions of WTO- CS Point(1) To provide facilities for implementation, administration and operation ofmultilateral and bilateral agreements of the world trade.(2) To provide platform to member nations to decide future strategiesrelated to trade and tariff.To administer the rules and processes related to dispute settlement,LA To implement rules and provisions related to trade policy reviewmechanism.(5) To assist IMF and IBRD for establishing conference in universaleconomic policy determination.To ensure the optimum use of world resources.Thus, World Trade Organisataion is the only international organisationdealing with the rules of trade between two countries. This regulation is implementedthrough various agreements negotiated and signed by different countries. The mainmotto of WTO is to help producers of goods and services, exporters and importersto conduct their operations smoothly without any obstruction. It is governed by aministerial conference which meets after every two years, a general council whichimplements the policy and decisions of the conference and look afton1T |
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Answer» Answer: 6) To accept the concept of sustainable development. (7) To protect environment. The FOLLOWING are the functions of WTO- CS Point (1) To PROVIDE facilities for implementation, administration and operation of multilateral and bilateral agreements of the world trade. (2) To provide platform to member nations to decide future strategies related to trade and tariff. To administer the RULES |
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