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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 or
2、ganization.,. 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 e
3、ight GATT trade rounds(贸易回合谈判), WTO was born in Jan. 1st ,1995.,GATT trade rounds,. Basic information about the WTO,1. It head-quartered in Geneva Switzerland.,2. 159 members (2013),3. The logo of the WTO,Designed by Singaporean Su Yeang Design company, announced in 1997 Six helical curves(螺旋曲线) in
4、red, blue and green Vitality, energy Cooperation,. Organization structure,. Ten things the WTO can do,1. Cut living costs and raise living standards 2. Settle disputes and reduce trade tensions 3. Stimulate economic growth and employment 4. Cut the cost of doing business internationally 5. Encourage
5、 good governance 6. Help countries develop 7. Give the weak a stronger voice 8. Support the environment and health 9. Contribute to peace and stability 10. Be effective without hitting the headlines,. Principles,1. Non-discrimination 2. More open 3. Predictable and transparent 4. More competitive 5.
6、 More beneficial for less developed countries 6. Protect the environment,. China WTO,One 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 Pa
7、rty on Chinas status was established under GATT. In 1995, China became the observer of the WTO. After bilateral negotiations, China joined the WTO on November 11th , 2001.,1986, asked to restore the contracting party status in GATT,In November 1995, Chinas GATT working party converted to a WTO worki
8、ng party.,On November 15th , 1999, China and the US signed a bilateral agreement.,On may 19th , 2000, China 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 trade 3. Clear and credible rules 4. More investments 5. Closer economic and trade relations among Mainland China , Hong Kong , Macao and Taiwan.,Challenges 1. Fiercer competition for domestic enterprises. 2. The international
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