1.0 The role of World Trade Organization
The World Trade Organization is an establishment that was set up out of the Uruguay rounds of General Agreement on Tariffs and Trade negotiations in 1995. It was set up as a replacement for the General Agreement on Tariffs and Trade which had previously been charged with the duty of coordination of trade relationships among its partners. The role of World Trade Organization is stipulated in the agreement that led to its formation which had a charter for the Multilateral Trade Organization mainly outlining the mechanism for the settlement of trade disputes and a Trade Policy Review Mechanism (TPRM). The roles of ...
