According to its own website, the purpose of the World Trade Organization, WTO, is to monitor WTO trade agreements, facilitate trade negotiations, mediate trade disputes, monitor international trade policies and provide assistance to developing economies. The majority of the world's trading nations are WTO members, and each member nation sends representatives to periodic WTO meetings to negotiate on its behalf.Know More
Established in 1995, the WTO is headquartered in Geneva, Switzerland. The organization was born out of a set of negotiations, known as the Uruguay Round, held between most of the world's economies. The WTO describes itself as a proponent of free-flowing and reliable trade between nations but also introduces certain barriers to trade if they are required to protect consumers or inhibit the spread of disease.
Trade agreements are the main tool that the WTO uses to further global trade. These agreements regulate the trade of goods, services and intellectual property. Trade agreements spell out general policies for trade between members, and the WTO states that each agreement also contains a lengthy list of special commitments that exist between one member nation and another. The procedure for dispute resolution is another important component of trade agreements. Trade agreements are designed with the input of member nations and voted upon by members. More than 60 trade agreements have passed since the organization's inception, and they are periodically reviewed and revised.Learn More
Proponents of the WTO, or World Trade Organization, assert that it creates a strong, stable international economy, while opponents contend that it favors wealthy, developed nations and is widening the global divide between the rich and poor.. The WTO was created in 1995 to encourage and regulate trade between its over 150 participating member nations. The primary objective of the WTO is to create economic growth and encourage free trade among nations: supporters contend the WTO creates economic opportunities, while others say it is disfavors lower class citizens, limiting their opportunities for social and economic mobility.Full Answer >
The primary purpose of the International Monetary Fund is to oversee the international monetary and financial systems to ensure their stability. The IMF monitors the global system of exchange rates and international payments that allow countries to do business with one another.Full Answer >
The purpose of Greenpeace is to point out problems facing the environment and provide solutions to the problems that secure a green and peaceful future for the world. The means to accomplish this purpose is through creative communication and peaceful protests. Greenpeace is the largest independent organization that is dedicated to protecting the environment.Full Answer >
The purpose of World Environment Day slogans is to inspire the global community to take action to protect the environment by calling attention to the theme of the year. Every year, the United Nations Environment Program chooses a different aspect of environment protection to emphasize on World Environment Day.Full Answer >