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WTO. WORLD TRADE ORGANIZATION. WHAT IS WTO?. A series of trade negotiation from the end of Second World War. HISTORY of WTO. Established in 1947 The rationale for GATT based on MFN What is MFN? The uruguay round GATS as a guideline and Intellectual Property Rights.
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WTO WORLD TRADE ORGANIZATION
WHAT IS WTO? • A series of tradenegotiationfromtheend of SecondWorldWar
HISTORY of WTO • Established in 1947 • Therationalefor GATT based on MFN • What is MFN? • Theuruguayround • GATS as a guidelineandIntellectualPropertyRights
PURPOSE OF WTO • Ensuretradecommnecessmoothly • Creates a legal groudrules • Create an economicpeaceandstability • Encourageinternationalinvestments
ORGANS • Ministrealconference • General council • Councils • Committees • Secretariatandbudget
GATT principles Nondiscrimination • Transparency • Consultationanddisputesettlements • Negotiation • Reciprocity • Nationaltreatment • Reduction of customsduties
PrincipalObjectives of WTO • be a forum based on loweringtariff • helptradingindustry • theadministrator of multilateraltrade
FUNCTIONS • Toensuretheexecutionandmanagement of aggrementsbased on multilateraltradeaggrements • Tocreate a negotiationenvironment in traderelationsbetweenthememberstates • Tooperatethemechanismfortheresolution of disputes
FUNCTIONS ( cont) • Tooperatetradepolicyreviewmechanism ( TPRM) • Tocooperatewith IMF andtheWorld Bank in ordertocontributetotheformation of economicpolicies on aglobalbasis
MEMBER COUNTRIES and MEMBERSHIP PROCESS ( cont) • 159 member countries • 30 countries that have observer status, a step for becoming a fullmember
MEMBER COUNTRIES • AntiguaBarbuda, Arjantin, Avustralya,Avusturya, Bahreyn, Bangladeş, Barbados, Belçika, Belize, Bolivya, Botsvana, Brezilya, Brunei, BurkinaFaso, Burundi, Cape Verde,Kanada, Orta Afrika Cumhuriyeti, Şili, Kolombiya, Kosta Rika, Fildişi Sahilleri, Küba, Kıbrıs, Kırgızistan, Çin Halk Cumhuriyeti, Çek Cumhuriyeti, Danimarka, Cibuti, Dominik, Dominik Cumhuriyeti, Mısır, El Salvador, Estonya, Finlandiya, Fransa, Gabon, Almanya, Gana,Yunanistan, Grenada, Guatemala, Gine, Yeni Gine, Guyana, Honduras, Hong Kong, Macaristan, İzlanda, Hindistan, Endonezya, İrlanda,İsrail, İtalya, Jamaika, Japonya, Kenya, Kore Cumhuriyeti, Kuveyt, Lesoto, Liechtenstein, Lüksemburg, Makau, Madagaskar, Malavi,Malezya, Maldivler, Mali, Malta, Moritanya, Mauritius, Meksika, Fas, Mozambik, Myanmar, Namibya, Hollanda, Hollanda Antilleri, Yeni Zelanda, Nikaragua, Nijerya, Norveç, Pakistan, Paraguay, Peru, Filipinler, Polonya, Portekiz, Romanya, Saint Lucia, St. Vincent ve Grenadinler, Senegal, Sierra Leone, Singapur, Slovakya, Slovenya, Güney Afrika, İspanya, Sri Lanka, Surinam, Swaziland, İsveç, İsviçre,Tanzanya, Tayland, Togo, Trinidad ve Tobago, Tunus, Türkiye, Uganda, İngiltere, ABD, Ukrayna, Uruguay, Venezuela, ZambiyaveZimbabve
AccessionProcess in WTO 1)Official Application and Establishment of the Working Group 2) BiliteralConcessionsNegotiationsandReviews of WorkingParty 3)AccessionProtocol 4)DecisionProcess
TURKEY and WTO • 26 march 1995 withthedecisionbytheCouncil of Ministers. • Agreementsbetween WTO andTurkeyarebased on agriculture, anti-dumping, balance of payments, customs, values, import bans, regional trade agreements, technological products, rules of origin, safeguard measures, services, technical barriers to trade, textiles, intellectual property rights, trade and development ..etc.
DEVELOPMENTS AFTER WTO • Industrialdevelopments • Agriculturaldevelopments • Service sectordevelopments • Intellectualpropertyrights • Tradepolicyreviewmechanism ( TPRM)
WHAT ABOUT FUTURE ? • Agriculture, anti-dumping, civilaviation, tradeandenvironment, ıntellectualpropertrightsassociatedtradeetc. as agenda in future
CRITISMS FOR WTO • Unfortunately, servesfordevelopedcountries’ benefits • Theneedforadding a socialdimensiontothenew WTO rules apart fromcommrecialbenefit • Thepracticescausingunfaircompetition • Subsidiedexports of developedcountries as a threatforlocalproductions
EZGİ IŞIK FULYA ERKUT GÖKÇEN ÇETİN MUSTAFA YILDIRIM