World Trade Organization (English: World Trade Organization? On April 5, 1994,1kloc-0, the ministerial meeting of the Uruguay Round of GATT held in Marrakech, Morocco, decided to establish a more global world trade organization to replace the GATT established in 1947.

The goal of the World Trade Organization is to establish a complete, more dynamic and lasting multilateral trading system, including goods, services, trade-related investment and intellectual property rights, so that it can include the results of GATT trade liberalization and all the results of Uruguay Round multilateral trade negotiations.

Extended data:

The goal of the World Trade Organization is to establish a complete, more dynamic and lasting multilateral trading system, including goods, services, trade-related investment and intellectual property rights, so that it can include the results of GATT trade liberalization and all the results of Uruguay Round multilateral trade negotiations.

The WTO has the status of a legal person and has higher authority and effectiveness in mediating disputes among its members. The World Trade Organization is responsible for supervising and managing the trade policies and regulations of its member countries, and regularly reviewing them to ensure their legitimacy.

Baidu Encyclopedia-World Trade Organization