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Maharashtra State BoardSSC (English Medium) 9th Standard

With the help of the internet, get the following information about the World Trade Organisation - logo, member countries, aims, programmes, etc. - History and Political Science

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Question

With the help of the internet, get the following information about the World Trade Organisation - logo, member countries, aims, programmes, etc.

Answer in Brief

Solution

WTO Logo -

World Trade Organization(WTO) was established on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) established in 1948. There were 77 member countries of WTO on January 1, 1995. The WTO is currently the world's largest international economic organization, with 164 member states representing over 96% of global trade and global GDP.  Its headquarters are in Geneva, Switzerland. In 1995, India became a World Trade Organisation (WTO) member. 

The main aims of these organizations are as follows:

  • To conserve the environment.
  • Open trade between countries.
  • Helping developing countries to develop.
  • Overseeing the National Trade Policy.
  • Providing employment opportunities.
shaalaa.com
World Trade Organisation (WTO)
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Chapter 1.04: Economic Development - Projects [Page 22]

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