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World Trade Organization (WTO)

World Trade Organization (WTO)

(803 words)
December 18, 2025

World Trade The World Trade Organization (WTO) is an international body established to define the rules of global trade, resolve commercial disputes, and promote the liberalization of trade among its member countries. The WTO officially began operations on 1 January 1995, following the signing of the Marrakesh Agreement as a result of the Uruguay Round negotiations. Organization It emerged from the General Agreement on Tariffs and Trade (GATT), established in 1947 and one of the earliest efforts

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