World Trade Organization (WTO)

The World Trade Organization (WTO) is an intergovernmental organization responsible for establishing and overseeing the rules governing global trade between member countries. It provides a framework for negotiating trade agreements, resolving trade disputes, and ensuring that trade flows as smoothly and predictably as possible. The WTO also addresses emerging issues such as trade and environmental sustainability, climate-related trade measures, and the role of trade in supporting global economic development.