Asked in World Trade Organization (WTO)
What is the structure of WTO?
September 17, 2014 7:52PM
The WTO is governed by the head committee, The Ministerial Conference. It consists of representatives of all WTO members. The executive work of the WTO is performed by the General Council that is responsible to the Ministerial Conference. This Council also has representatives from all member countries. The General Council functions in two forms, first, as the Dispute Settlement Body and as the Trade Policy Review Body The General Council delegates its work to three other major bodies - namely the Councils for Trade in Goods, Trade in Services and Trade-Related Aspects of Intellectual Property. Three more bodies have been established by the Ministerial Conference which report to the General Council. The Committee on Trade and Development and The Committee on Balance of Payments and The Committee on Budget.