The World Trade Organization (WTO: World Trade Organization) is an international organisation with a powerful development comes from the General Agreement on tariffs and trade or GATT (General Agreement on Tariffs and Trade: GATT) in. 2490, which at that time did not have the status of an institution, until the Uruguay Round trade negotiations ended, and was part of the negotiations was established in WTO when January 1 1993. Initial member countries 2538 (1995) 81 and is located at the city of Geneva.
Country Switzerland Thai country WTO membership on December 28, 1995 as a member of the order in which the Member State has established 59. Now There is a country that is in the process of WTO membership, Viet Nam, Laos, Russia and. WTO together accounted for over 90 per cent share of world trade, and the expansion of the number of members will affect trade between Member countries grew up as a series. Currently (as of January 2549 (2006)) there are WTO members, the official total 149. Recent members include Nepal, Cambodia and Saudi Arabia In addition, Tonga has completed the process to WTO membership, but still waiting for accession before the membership 150 official
.Functions of WTO and agreement management.
1 memorandum of understanding as a result from the negotiations in the framework of the GATT/WTO, through Edition 28 Council (Council) and the Board of Directors. (Committee), as well as ensure that there is compliance with obligations
2. As a forum to negotiate lower trade barriers among members in the form of tariff measures, non-tariff measures and
3. Provide assistance to developing countries in the information Recommendations in order to be able to comply with the obligation it adequately, as well as to study the critical trade issues
4. Coordination with the International Monetary Fund (IMF) and the World Bank to provide global economic policy more consistent
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