Understanding WTO
The World Trade Organisation (WTO) is the institutional framework of the multilateral trading system. The WTO is the successor to the General Agreement on Tariffs and Trade (GATT). At its heart are the WTO agreements, negotiated and signed by the bulk of the worlds trading nations. These agreements provide the legal ground rules for international commerce. Considering the emerging multilateral trading systems, a WTO cell has been set up under the Market Research Division.
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