The WTO orchestrates global trade for 164 nations

Business
The WTO orchestrates global trade for 164 nations

The World Trade Organization (WTO) is the global referee for commerce, uniting 164 nations to negotiate trade agreements, resolve disputes, and foster worldwide economic growth.

The World Trade Organization (WTO) acts as a global referee for commerce, uniting 164 member nations to facilitate trade agreements. Established in 1995, it handles over 98% of world trade, working to lower barriers like tariffs and quotas. This framework helps economies from the US to emerging markets thrive, fostering growth and creating jobs worldwide.

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