The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. It provides a forum for negotiating trade agreements, a mechanism for resolving disputes, and a framework for monitoring national trade policies.
What Is the World Trade Organization? The World Trade Organization (WTO) is the only global international organization that deals with the rules of trade between nations. Established in 1995 as the successor to the General Agreement on Tariffs and Trade (GATT), the WTO provides a forum for negotiating trade liberalization agreements, a mechanism for resolving trade disputes, and a framework for monitoring members' trade policies. As of 2024, the WTO has 164 member states, representing over 98% o