About Lesson
Basics
– Location: Geneva, Switzerland
– Established: 1 January 1995
– Created by Uruguay Round negotiations (1986-94)
– Membership: 153 countries (as of 23 July, 2008) + about 31 applicants (WTO“observers”).
– Budget: 182 Mio. Swiss Francs for 2007
– Secretariat Staff: 625
Headed by:
– Director-General Pacal Lamy (2005 – till)
– Supachai Panitchpakdi (2002-2005)
– Mike Moore (1999-2002)
– Renato Ruggiero (1995-1999)
– World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations.
– Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
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