What is the World Trade Organization WCO
World Trade Organization is the legal and institutional foundation of the system
MTS. They provide the contractual obligations
Basic determinants of how governments formulate and apply the laws of
And instructions of local trade. As well as provide a forum in which the organization of the
Which is developing commercial relations between countries through dialogue
And negotiation.
Genesis and philosophy of the organization
Established the World Trade Organization as one of the results of 1/1/1995
Resulting from the Uruguay Round of trade negotiations among the members of
GATT agreement.
The organization on the principles of economic thought, which advocates freedom of
Trade fundamental task is to ensure the smooth flow of trade and freedom of
And can be deduced as possible. The cross-site in the Marrakesh Declaration
April 1994 approved the establishment of the Organization, the liberalization
Trade is meant to "strengthen the trading system and increase the volume of trade
World, investment, employment and income growth over the whole world. "