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WTO emergence

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THE WTO came into being on 1 January, 1995, the dayon which the collective decision of the member nations who participated in the Uruguay Round (UR) took effect resulting in the General Agreement on Tariffs and Trade (GATT) being transformed into an international organization that oversees the operation of therules-based multilateral trading system. As we have seen, WTO is the outcome of a series of trade agreements negotiated during the Uruguay Round (1986-94) the eighth and ?nal trade round conducted under the GATT. The Treaty of Marrakesh established he WTO at the close of the UR ‘in 1994, whICh began operations with strength of 148 memberS.

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Geology and geomorphology of himachal Pradesh

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