World Trade Organization

(WTO)

 Rationalization of the world trade system:

Stimulating a sustainable mechanism of production for fighting economic crises caused by

climate change 

One of the main discussions that the member countries of the World Trade Organization hold at their meetings is the creation of trade policies for imports and exports that facilitate the traffic of goods and services under the same regulatory framework, in order to reduce the bureaucratic procedures that cost economies millions of dollars. The role of such policies would stimulate international trade, and the production of each country, granting the participation in the global market, always having in mind the importance of complying with strict environmental standards. In this committee delegates will face the archaic forms of production and trade that reward protectionism, speculation and relegation of emerging economies. Highlighting the role of e-commerce as an instrument of fair and sustainable trade between private companies and individuals, including the participation of  governments and regional regulators.


With international trade laws we will be creating a mechanism to face the economic crises caused by climate change. Therefore it is important to stimulate producers to use more environmentally and friendly mechanisms to enjoy commercial benefits.

About the World Trade Organization

 

The World Trade Organization, also known as the Multilateral Trading System, is the successor of the GATT (General Agreement on Tariffs and Trade) born at the end of the Second World War. The WTO is the only international organization that deals with the rules that govern trade between countries. The pillars on which this rules are based are the WTO Agreements, negotiated and signed by the vast majority of member countries that participate in world trade, and ratified by their respective parliaments. The mission of this organization is to help producers of goods and services, exporters and importers to carry out their activities through the respective institutions that agree with the WTO rules. five main areas of action are represented in the WTO, those areas are: Trade Negotiations, Enforcement and Surveillance, Dispute Settlement, Trade Capacity Building, and Outreach.

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