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World trade organization
1. Slide Title
• Make Effective Presentations
• Using Awesome Backgrounds
• Engage your Audience
• Capture Audience Attention
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2. Evolution of the international system of
trade. (GATT, WTO).
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3. Topic to be covered………
• Establishment of GATT & WTO
• Function of WATT & WTO
• Objective of WTO & GATT
• Members countries of WTO & GATT
• Role of this organization in development
countries specially Bangladesh
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5. Establishment of GATT
• In 1947, 30th October.
• Commenced in 1948
• Foundation member with 15 countries
• Expanded member to 23 countries
• In lieu of ITO
• Subscribed by 115 government
• Based on free trade principle
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6. Establishment of WTO
• Commenced in 1995
• Started journey in 1st January, 1995
• Located in Geneva, Switzerland.
• Budget was 169 million
• Under Marrakesh Agreement
• Started with 123 countries
• Present Members are 164 countries
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9. Function
WTO
• Maintain trade related
database
• Watch dog of international
trade
• Trade negotiation
• Implementation and
monitoring
• Dispute settlement
• Building trade capacity
• Outreach
GATT
• Restricted coverage
• Protection through tariff
• Dispute settlement but not
effective
• National treatment
• Trade negotiations
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10. Objective
WTO
• Trade without discrimination
• Promote free trade
• Increase the level of
productivity
• Special steps to develop the
poor country
• Expand and utilize the world
resources
• Promote multilateral trade
GATT
• Economic Development
• Reduce trade barrier
• Access to agricultural
development
• Ensure better living standard
• Minimize tariff
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11. Role of this organization in development
countries specially Bangladesh
WTO
• Help in the development in
economic sector
• Works with hand in hand against
poverty
• Create Employment
• Technical assistant
• Training Advisory program
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