mention the objectives of World Trade Organisation

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The objectives of World Trade Organisation are-
  • To set international trade rules and enforce them.
  • To create a negotiation and monitoring forum for further liberalization of trade and to resolve arising trade disputes.
  • To enhance transparency in the processes of making decisions.
  • To cooperate with different global economic institutions involved in the management of the global economy.
  • To assist developing countries so that they can fully benefit from trading systems globally.
  • To enhance the living standards as well as incomes while ensuring that citizens of member countries are in full employment and also to ensure that world resources are used optimally in order to expand production globally and trade of services and goods.
  • To ensure that the world environment is protected and preserved in order to benefit all global nations.

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