World Trade Organization (WTO)
is the WTO?
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the worlds trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.
Established: 1 January 1995
Created by: Uruguay Round negotiations (1986-94)
Membership: 146 countries (as of 4 April 2003)
Budget: 154 million Swiss francs for 2003
Secretariat staff: 550
Head: Supachai Panitchpakdi (director-general)