World Trade Organization (WTO) Established 1 January 1995 Formed by Uruguay Round negotiations (1986-94) Location Geneva‚ Switzerland Budget 196 million Swiss francs for 2011 Director General Pascal Lamy Main Focus To open trade for the benefit of all. Membership 153 countries on 23 July 2008 Secretariat staff 640
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MFN Treatment is a World Trade Organisation (WTO) agreement which states that during trade‚ countries are not permitted to discriminate between their partners i.e. special or preferential treatment cannot be given to another WTO member country. The MFN Treatment principle is a central element used in drawing up the GATT‚ GATS‚ and TRIPS agreements‚ and combined‚ cover all areas of trade documented by the WTO. There are exceptions to the MFN Treatment principle however‚ as free trade agreements can be
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PROJECT REPORT ON “World Trade Organization” COURSE: ADVANCED ACCOUNTING SUBMITTED BY: Miss. POONAM RAMESH VIBHUTE COLLEGE ROLL NO.26 Master of Commerce (Part-1) (SEM I) UNDER THE GUIDANCE OF: PROF. VILAS GAIKAR LAXMAN DEVRAM SONAWANE COLLEGE OF ARTS & COMMERCE KALYAN (WEST). UNIVERSITY OF MUMBAI 2013-14 Laxman Devram Sonavane College of Arts & Commerce Kalyan (Affiliated by University of Mumbai) MASTER OF COMMERCE CERTIFICATE This Is To Certify
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Without the events of the 1990’s our life today would be very different. The impact of the 1993 World Trade Center bombing which was the biggest terrorist attack at the time‚ the invention of Google‚ something we use every single day‚ and the invention of the internet‚ something we couldn’t live without‚ made the 1990’s the most impactful decade in America during the 20th century. Firstly‚ Google was invented by Larry Page and Sergey Brin. They both meet in Stanford University‚ when Brin was assigned
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WORLD TRADE ORGANIZATION Trade Policy Review Body RESTRICTED WT/TPR/G/221 21 Septembre 2009 (09-0000) Original: English TRADE POLICY REVIEW Report by MALDIVES Pursuant to the Agreement Establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement Establishing the World Trade Organization)‚ the policy statement by the Maldives is attached. Note: This report is subject to restricted circulation and press embargo until the end of the first session of the meeting
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The terrorist attacks on the world trade centre and the pentagon on the 11 September 2001 were a totally new phenomenon that changed the world. Critically evaluate this claim Ever since the attack of 9/11 in which two of America’s most famous landmarks (world trade centre and pentagon had been destroyed‚ the world has been on edge. Till then the terrorism was sought to be phenomenon where little is known . However this event changed the course of the history and the way the western civilization
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Professor Kevin Gildea ENG 1100: Workshop in Essay Writing Tuesday‚ May 8th‚ 2012 The Social‚ Economic‚ and Cultural effects of September 11th‚ 2001 Most people around the world remember the two American passenger planes crashing into the Twin Towers on September 11th‚ 2001. American Airlines Flight 11 and United Airline Flight 175 will never be forgotten. These two planes that were piloted by members of the terrorist group Al-Qaeda‚ will be remembered as causing the deaths of approximately
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“Inside Job” September 11‚ 2001 was unquestionably a tragic day for America and the world. The 9/11 attacks were suicide attacks controlled by Al-Qaeda upon the United States. During the early hours of that day‚ nineteen Islamist terrorists aligned with Al-Qaeda hijacked four passenger jet airlines. The hijackers intentionally crashed two of the airlines into the Twin Towers of the World Trade Centers in New York City‚ killing almost everyone in the building along with destroying many facilities
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Disadvantages of World Trade Organization (WTO) 1. The WTO only serves the interests of transnational corporations The WTO is as democratic as its member governments; and between the members it is ultra-democratic because decisions are taken by consensus — all members have to be persuaded. The rules are written by member governments‚ no one else has access to the negotiations. However‚ governments‚ which are elected democratically by their citizens‚ do take into account the views of various groups
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EVALUATE THE WORK OF THE WTO. The WTO (World Trade Organisation) is an international body dealing with the global rules of trade between nations. The function of the WTO is to ensure that trade flows as smoothly‚ predictably‚ and freely as possible. The WTO members now account for over 97% of the international trade indicating that there is no other international organisation whose policies and actions have as wide an economic and social ramification and impact as the WTO. Decisions in the WTO
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