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World Trade Organization
/wˈɜːld tɹˈeɪd ˌɔːɹɡɐnaɪzˈeɪʃən/
/wˈɜːld tɹˈeɪd ˌɔːɡɐnaɪzˈeɪʃən/
WTOWorld Trade Organization
01
an international organization established in 1995, responsible for facilitating global trade negotiations, enforcing trade agreements, and providing a platform for resolving trade disputes among member countries
Examples
The World Trade Organization oversees global trade agreements, promoting fair and open commerce among its member nations.
Countries engage in multilateral discussions at the WTO to negotiate trade policies and reduce barriers.
