What is the full form of WTO

WTO Full Form is: World Trade Organization

W = World

T = Trade

O = Organization

  • Category: Organization/Business
  • WTO Full Form in Hindi is: विश्व व्यापार संगठन
  • WTO Full Abbreviation Form in Bengali is: বিশ্ব বাণিজ্য সংস্থা
  • WTO Full Form in Marathi is: जागतिक व्यापार संघटना
  • WTO Full Acronym Form in Tamil is: உலக வணிக அமைப்பு
  • WTO Full Form in Telegu is: ప్రపంచ వాణిజ్య సంస్థ

WTO Full Form or meaning in Organization and Business sector is: World Trade Organization

WTO or  World Trade Organization Pronunciation

WTO Full Form

The World Trade Organization, abbreviated as WTO, is a global organization that supervises trade rules between nations. The WTO was established in 1995 and is a multilateral trade organization. It replaced the GATT agreement, signed by most countries, in 1947. It is composed of most trading nations of the world and works to ensure a fair and free trade environment.

The WTO aims to increase unity among countries, eliminate trade discrimination, and promote economic development. It also has many rules and guidelines that member countries must abide by. However, not all member states are equal and some have stricter standards for their citizens than others.

World Trade Organization
Organisation mondiale du commerce (in French)
Organización Mundial del Comercio (in Spanish)
World Trade Organization (logo and wordmark).svg
WTO members and observers.svg
  Members
  Members, dually represented by the EU
  Observers
  Non-participant states

Formation 1 January 1995; 27 years ago
Type Intergovernmental organization
Director-General
Ngozi Okonjo-Iweala[3]
Budget
197.2 million Swiss francs (approx. 220 million US$) in 2020.[4]
Staff
640[5]
Membership
164 countries (160 UN countries, EU, Hong Kong, Macau and Taiwan)[1]
Official languages
English, French, Spanish[2]
Website www.wto.org
Purpose Reduction of tariffs and other barriers to trade
Headquarters Centre William Rappard, Geneva, Switzerland
Coordinates 46°13′27″N 06°08′58″ECoordinates: 46°13′27″N 06°08′58″E
Region served
Worldwide

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