World Trade Organization (WTO)

The World Trade Organization (WTO) is an international organization that helps countries negotiate and enforce trade agreements. Established in 1995, it aims to promote free and fair trade by providing a framework for resolving trade disputes and reducing trade barriers, such as tariffs. The WTO facilitates discussions among member countries to establish rules that help trade flow smoothly and predictably. By creating a stable trading environment, the WTO supports global economic growth and development, enabling countries to access markets for their goods and services.