What is the WTO? (2024)

backtotop

What is the WTO?

  • Who we are
    The WTO has many roles: it operates a global system of trade rules, it acts as a forum for negotiating trade agreements, it settles trade disputes between its members and it supports the needs of developing countries.
  • What we do
    All major decisions are made by the WTO's member governments: either by ministers (who usually meet at least every two years) or by their ambassadors or delegates (who meet regularly in Geneva).
  • What we stand for
    A number of simple, fundamental principles form the foundation of the multilateral trading system.
  • Overview
    The primary purpose of the WTO is to open trade for the benefit of all.

backtotop

Decision-making

backtotop

Membership

  • Members and observers
    The WTO has over 160 members representing 98 per cent of world trade. Over 20 countries are seeking to join the WTO.
  • Accessions
    To join the WTO, a government has to bring its economic and trade policies in line with WTO rules and negotiate its terms of entry with the WTO membership.

backtotop

WTO Secretariat

The WTO has approximately 650 staff on its regular budget.

backtotop

Budget

The WTO derives most of the income for its annual budget from contributions by its members. These contributions are based on a formula that takes into account each member's share of international trade.

Find out more

Director-General

Ngozi Okonjo-Iweala is the seventh Director-General of the WTO. She took office on 1 March 2021, becoming the first woman and the first African to serve as Director-General. Her term of office will expire on 31 August 2025.

Find out more backtotop

What is the WTO? (1)The WTO building

The WTO is housed in the historic Centre William Rappard building. A new building was added in 2013.

Find out more backtotop

Procurement at the WTO

The WTO Procurement Section is responsible for obtaining, in a timely and cost-effective manner, goods and services which meet the needs of the organization.

Find out more backtotop

The WTO and other organizations

Cooperation between multilateral institutions on global economic policy-making.

Find out more backtotop

Annual report

The WTO Annual Report provides a comprehensive overview of WTO activities over the past year and includes information on the WTO's budget and staffing.

Find out more backtotop

Jobs in the WTO

backtotop

General enquiries, publications, the website. Also copyright and trademark statements.

Find out more

What is the WTO? (2024)
Top Articles
Latest Posts
Article information

Author: Tish Haag

Last Updated:

Views: 6131

Rating: 4.7 / 5 (67 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Tish Haag

Birthday: 1999-11-18

Address: 30256 Tara Expressway, Kutchburgh, VT 92892-0078

Phone: +4215847628708

Job: Internal Consulting Engineer

Hobby: Roller skating, Roller skating, Kayaking, Flying, Graffiti, Ghost hunting, scrapbook

Introduction: My name is Tish Haag, I am a excited, delightful, curious, beautiful, agreeable, enchanting, fancy person who loves writing and wants to share my knowledge and understanding with you.