WORLD TRADE ORGANIZATION V Main functions 2. Forum for negotiations e The wto provides the forum for negotiations on multilateral trade relations in matters covered by its various agreements. e It may also, on decision by the ministerial Conference, provide a forum for further negotiations and a framework for the implementation of their results, on other issues arising in the multilateral trade relations among its Members
Ⅴ. Main functions 2.Forum for negotiations The WTO provides the forum for negotiations on multilateral trade relations in matters covered by its various agreements. It may also, on decision by the Ministerial Conference, provide a forum for further negotiations, and a framework for the implementation of their results, on other issues arising in the multilateral trade relations among its Members
WORLD TRADE ORGANIZATION V Main functions 3.Dispute settlement The Wto administers the dispute settlement system, which is a central element in providing security and predictability to the multilateral trading system serving to preserve the rights and obligations of the members of the WTO
Ⅴ. Main functions 3.Dispute settlement The WTO administers the dispute settlement system, which is a central element in providing security and predictability to the multilateral trading system, serving to preserve the rights and obligations of the Members of the WTO
WORLD TRADE ORGANIZATION V Main functions e 4. Review of national trade policies e The Wto administers the Trade policy Review Mechanism, which is designed to contribute to greater transparency and understanding of the trade policies and practices of WTo Members to their improved adherence to the rules, disciplines and commitments of the multilateral trading system and hence to the smoother functioning of the system
Ⅴ. Main functions 4.Review of national trade policies The WTO administers the Trade Policy Review Mechanism, which is designed to contribute to greater transparency and understanding of the trade policies and practices of WTO Members, to their improved adherence to the rules, disciplines and commitments of the multilateral trading system, and hence to the smoother functioning of the system
WORLD TRADE ORGANIZATION V Main functions 5. Coherence in global economic policy making e A Ministerial Declaration adopted at the Marrakesh Ministerial Meeting recognizes the role of trade liberalization in achieving greater coherence in global economic policy- making. For this purpose, the Wto cooperates as appropriate, with the International Monetary Fund and with the world bank, back
Ⅴ. Main functions 5.Coherence in global economic policymaking A Ministerial Declaration adopted at the Marrakesh Ministerial Meeting recognizes the role of trade liberalization in achieving greater coherence in global economic policymaking. For this purpose, the WTO cooperates, as appropriate, with the International Monetary Fund and with the World Bank. back
WORLD TRADE ORGANIZATION V. StructureMain Organs Ministerial conference e General council Dispute Settlement Body Trade policy Review Body e Councils e Council for Trade in oods e Council for trade in services Council for trIPs e Committees and other subsidiary bodies
Ⅵ. Structure (Main Organs) Ministerial Conference General Council Dispute Settlement Body Trade Policy Review Body Councils Council for Trade in Goods Council for Trade in Services Council for TRIPs Committees and other subsidiary bodies