1 / 15

WORLD TRADE ORGANIZATION

WORLD TRADE ORGANIZATION. History and Members Differences between GATT and WTO Organizational structure Activities or Functions Benefits. What is WTO?. Global international organization Multilateral trading system. Huge growth in world trade. NEGOTIATIONS. Tariff Reductions

neron
Download Presentation

WORLD TRADE ORGANIZATION

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WORLD TRADE ORGANIZATION • HistoryandMembers • Differencesbetween GATT and WTO • Organizationalstructure • ActivitiesorFunctions • Benefits

  2. What is WTO? • Global internationalorganization • Multilateraltradingsystem

  3. Hugegrowth in worldtrade

  4. NEGOTIATIONS • TariffReductions • Anti dumping • Nontariffmeasures • Telecommunicationservices • Tarifffreetrade in informationtechnologyproducts • Financialservices • Agricultureandservices

  5. General Agreement on Tariffs &Trade • Depression of 1930’s internationaltradewasbadlyaffected. • 30 October 1947,23 countries at Genevasignedandagreement-GATT. • GATT is code of rules in whichcountrydiscussandresolvetheirtradedispudesnegotiadetoenlargeworldtraidingopportunities. • GATT goal of thefounderswastoliberalizeworldtrade-reducingprotectivetariffs. • Ledtothecreation of the WTO andnew set of tradeagreements.

  6. How is the WTO differentfrom GATT?

  7. TURKEY andthe WTO; • Turkey has been a member of WTO since 26 March 1995. • Turkey has thestatus of a developingcountry in the WTO system. • TonotethatTurkey’s EU candidatecountrystatus has a crucialeffect on itspolicyoptions in the WTO. • It is not an exaggeration to say that the WTO directly impacts our daily lives.

  8. WTO policy of TURKEY; • OpportunitytoanalyzeTurkisheconomy in a comprehensivemanner. • Tradeandinvestmentpolicies, measuresandimplementationswerescrutinized, • Bytheinternationalcommunityespeciallythroughthesuccessfulmacroeconomicpoliciespursuedduringthe global crisisandtheresultinggrowth rate andtradevolume.

  9. ActivitiesorFunctions of WTO • Administering WTO tradeagreements • Tradenegotiations • Handlingtrade • Monitoringnationaltradepolicies • Technicalassistanceandtrainingfordevelopingcountries • Cooperationwithotherinternationalorganizations • Manageandimplementthetradenegotiations

  10. The Ten Benefits Of WTO • Helpspromotepeace • Handledconstructively • Life easierforall • Tradecutsthecosts of living • Morechoice of productsandqualities • Raisesincomes • Stimulateseconomicgrowth • Life moreefficient • Shieldedfromlobbying • Encouragesgoodgovernment

  11. Criticisms of the WTO • FreeTradebenefitsdevelopedcountriesmorethandevelopingcountries • Diversification • Environment • Freetradeignoresculturalandsocialfactors • The WTO is criticisedforbeingundemocratic

  12. ThanksforListening • Cansu Odacı • Çağlasın Özener • Nihan Özmen • Sinem Kihtir • Tuğçe Ünlü

More Related