1、The World trade organization(WTO).What is the WTO?The only global international organization dealing with the rules of trade between nations.An organization for trade opening.A forum for governments to negotiate trade agreements.A place to settle trade disputes.A rules-based,member-driven organizati
2、on.Establishment(GATT WTO)1947,General Agreement on Tariffs and Trade(GATT)(关税与贸易总协定)In the wake of“Bretton Woods”institutions(布雷顿森林体系)-the World Bank and the International Monetary Fund.1948-1994,GATT provided the rules for much of the world trade.The predecessor of WTO.After eight GATT trade round
3、s(贸易回合谈判),WTO was born in Jan.1st,1995.GATT trade rounds.Basic information about the WTO1.It head-quartered in Geneva Switzerland.2.159 members(2013)3.The logo of the WTODesigned by Singaporean Su Yeang Design company,announced in 1997Six helical curves(螺旋曲线)in red,blue and greenVitality,energyCoope
4、ration.Organization structure.Ten things the WTO can do1.Cut living costs and raise living standards2.Settle disputes and reduce trade tensions3.Stimulate economic growth and employment4.Cut the cost of doing business internationally5.Encourage good governance6.Help countries develop7.Give the weak
5、a stronger voice8.Support the environment and health9.Contribute to peace and stability10.Be effective without hitting the headlines.Principles 1.Non-discrimination 2.More open3.Predictable and transparent4.More competitive5.More beneficial for less developed countries6.Protect the environment.China
6、 WTOOne of the 23 original signatories of the General Agreement on Tariffs and Trade(GATT)in 1948.In 1986,China notified the GATT of its wish to resume its status as a GATT contracting party.In 1987,the Working Party on Chinas status was established under GATT.In 1995,China became the observer of th
7、e WTO.After bilateral negotiations,China joined the WTO on November 11th,2001.1986,asked to restore the contracting party status in GATTIn November 1995,Chinas GATT working party converted to a WTO working party.On November 15th,1999,China and the US signed a bilateral agreement.On may 19th,2000,Chi
8、na and the EU signed the bilateral agreement.On November 11th ,2001,China joined the WTO.Pros and cons Opportunities 1.Eliminate tariff barriers.2.Diversified development of export trade3.Clear and credible rules4.More investments5.Closer economic and trade relations among Mainland China,Hong Kong,Macao and Taiwan.Challenges 1.Fiercer competition for domestic enterprises.2.The international market will influence Chinese economy.3.Suffered from wrong accusation in multilateral disputes.