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Government organisations and institutions

WTO:-

The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of international trade between nations. It is the largest international economic organization in the world
The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.
It deals with regulation of trade in goods, services and intellectual property between participating countries.
It provides a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements.
The agreements are signed by representatives of member governmentsand ratified by their parliaments.
The WTO prohibits discrimination between trading partners, but provides exceptions for environmental protection, national security, and other important goals.
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