WTO

WTO

Decision-Making
1. Ministerial Conferences
  1. General Council
    1. Trade Policy Review Body
    2. Dispute Settlement Body
      1. Appellate Body
      2. Dispute Settlement Panels
      3. Dispute Settlement
        Consultations/Mediation
        Panel set-up
        Final Panel Report to parties
        Final Panel Report to WTO members
        w/o appeal - DSB adopts report
        with appeal - Hearing by Appellate Body
        Submits Appeals Report
        DSB adopts report
    3. Council for Trade in Goods
      1. Council for Trade-related Aspects of Intellectual Property Rights
      2. Council for Trade in Services
    4. Trade Negotiations Committee
      1. Services Council
        Financial Services
        Domestic Regulations
        GATS rules/specific commitments
    5. Committees on
      1. Trade and Environment
      2. Trade and Development
      3. Regional Trade Agreements
      4. BOP Restrictions
      5. Budget/Finance/Administration
Membership/Accession
1. 160 Members/ 24 observers
  1. Describe trade/economic policies
  2. Memorandum examined by Working Party
  3. Bilateral Negotiations
  4. Accession Package
  5. Approval of GC or MC
  6. Approval of Country's Parliament
Functions
1. Forum for Trade negotiations
2. Administering WTO Trade agreements
3. Handling Trade disputes
4. Monitoring National trade policies
5. Technical assistance, training for developing countries
6. Co-operation with other Intl. Organizations
Principles
1. Non-Discrimination
2. Reciprocity/Negotiations
3. Predictability - Binding + Transparency
4. Promoting Fair Competition
5. Encouraging development/ economic reform

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	Created by richa neog almost 10 years ago