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Comments on wto and its function?

Function for WTO


What is scope of wto?

the WTO has no scope... lol


What are the key provisions of the WTO TRIPS Agreement and how do they impact intellectual property rights globally?

The key provisions of the WTO TRIPS Agreement include setting minimum standards for intellectual property protection, such as patents, trademarks, and copyrights. These standards aim to promote innovation and protect creators' rights. The agreement impacts intellectual property rights globally by harmonizing laws across countries, ensuring fair competition, and facilitating trade by protecting intellectual property.


Wto is part of IMF UNO GATT?

actually GATT is a part of WTO and WTO is a body under UNO


What is the impact of WTO in India economy?

disadvantages of WTO..?


Developments in WTO?

wto means world trade organization.


What is WTO and its relationship to India?

wto and it's relation in India


What is a flow chart of WTO?

a brife explanation of wto and its funtion


How did the WTO originate?

The WTO deals with the rules of trade between nations. The WTO originated in 1948 as the General Agreement on Tariffs and Trade.


Who is the 153 rd member of WTO?

Cape Verde becomes the WTO's 153rd memberCape Verde becomes the WTO's 153rd member


Is Russia a WTO member country?

Yes russia is a wto member.


Why gatt was replaced by wto?

While the GATT functioned well enough, the leading members wished to replace it with a world-wide trade-regulating body like the WTO for a number of reasons. First, the GATT rules applied to trade only in merchandise goods. In addition to goods, the WTO covers trade in services and trade-related aspects of intellectual property (through the agreement on Trade-related Aspects of Intellectual Property Rights-TRIPs). Second, while GATT was a multilateral instrument, by the 1980s many new agreements of a plurilateral, and therefore selective nature had been added. The agreements which constitute the WTO are almost all multilateral and, thus, involve commitments for the entire membership. Third, The WTO dispute settlement system is faster, more automatic, and thus much less susceptible to blockages, than the old GATT system. But beyond these practical and functional reasons for establishing the WTO, there were also more philosophical and symbolic reasons. The GATT was a set of rules, a multilateral agreement, with no institutional foundation, only a small associated secretariat which had its origins in the attempt to establish an International Trade Organization in the 1940s. By contrast, the WTO is a permanent institution with its own secretariat. Moreover, the GATT was applied on a "provisional basis" even if, after more than forty years, governments chose to treat it as a permanent commitment while the WTO commitments are fully and functionally permanent.