Understanding the WTO - what is the world trade organization?
Is it a bird, is it a plane?
There are a number of ways of looking at the WTO. Its an organization for liberalizing trade. Its a forum for governments to negotiate trade agreements. Its a place for them to settle trade disputes. It operates a system of trade rules. (But its not Superman, just in case anyone thought it could solve or cause all the worlds problems!)
Above all, its a negotiating forum Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other.Read Full Article