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WORLD TRADE ORGANIZATION PowerPoint Presentation
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WORLD TRADE ORGANIZATION

WORLD TRADE ORGANIZATION

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WORLD TRADE ORGANIZATION

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Presentation Transcript

  1. WORLD TRADE ORGANIZATION • HistoryandMembers • Differencesbetween GATT and WTO • Organizationalstructure • ActivitiesorFunctions • Benefits

  2. What is WTO? • Global internationalorganization • Multilateraltradingsystem

  3. Hugegrowth in worldtrade

  4. NEGOTIATIONS • TariffReductions • Anti dumping • Nontariffmeasures • Telecommunicationservices • Tarifffreetrade in informationtechnologyproducts • Financialservices • Agricultureandservices

  5. General Agreement on Tariffs &Trade • Depression of 1930’s internationaltradewasbadlyaffected. • 30 October 1947,23 countries at Genevasignedandagreement-GATT. • GATT is code of rules in whichcountrydiscussandresolvetheirtradedispudesnegotiadetoenlargeworldtraidingopportunities. • GATT goal of thefounderswastoliberalizeworldtrade-reducingprotectivetariffs. • Ledtothecreation of the WTO andnew set of tradeagreements.

  6. How is the WTO differentfrom GATT?

  7. TURKEY andthe WTO; • Turkey has been a member of WTO since 26 March 1995. • Turkey has thestatus of a developingcountry in the WTO system. • TonotethatTurkey’s EU candidatecountrystatus has a crucialeffect on itspolicyoptions in the WTO. • It is not an exaggeration to say that the WTO directly impacts our daily lives.

  8. WTO policy of TURKEY; • OpportunitytoanalyzeTurkisheconomy in a comprehensivemanner. • Tradeandinvestmentpolicies, measuresandimplementationswerescrutinized, • Bytheinternationalcommunityespeciallythroughthesuccessfulmacroeconomicpoliciespursuedduringthe global crisisandtheresultinggrowth rate andtradevolume.

  9. ActivitiesorFunctions of WTO • Administering WTO tradeagreements • Tradenegotiations • Handlingtrade • Monitoringnationaltradepolicies • Technicalassistanceandtrainingfordevelopingcountries • Cooperationwithotherinternationalorganizations • Manageandimplementthetradenegotiations

  10. The Ten Benefits Of WTO • Helpspromotepeace • Handledconstructively • Life easierforall • Tradecutsthecosts of living • Morechoice of productsandqualities • Raisesincomes • Stimulateseconomicgrowth • Life moreefficient • Shieldedfromlobbying • Encouragesgoodgovernment

  11. Criticisms of the WTO • FreeTradebenefitsdevelopedcountriesmorethandevelopingcountries • Diversification • Environment • Freetradeignoresculturalandsocialfactors • The WTO is criticisedforbeingundemocratic

  12. ThanksforListening • Cansu Odacı • Çağlasın Özener • Nihan Özmen • Sinem Kihtir • Tuğçe Ünlü