WTO

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WTO

abbreviation for World Trade Organization. See GATT.
References in periodicals archive ?
As a founder member of the WTO, we too are well committed to the WTO policy framework" said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on 14 February.
antidumping, countervailing, and safeguard provisions, bringing more dispute resolution cases against China in the WTO, and continuing pressure on China to appreciate its currency.
Such an approach would facilitate the linkage with associated environmental service aspects which have so far been left to the WTO's services trade negotiators.
Zoellick said a collapse of WTO trade talks would mean a new emphasis on bilateral and regional agreements, a sort of "coalition of the willing" for trade.
Whatever one's views on the WTO, or past trade agreements such as NAFTA and GATT, the fact remains that international trade is increasing, and companies in the United States cannot afford to ignore the potential threats and benefits that come with it.
In 1999, the US set sanctions worth $116.8 million a year on the EU as a result of a WTO challenge to the European ban on imports of hormone-treated beef: a WTO dispute panel found that the ban was not based on a risk assessment and that the scientific material used by the EU was too general in nature, as it did not specifically evaluate the risks arising from hormone residues in meat products.
Under WTO rules, countries facing public health crises have the right to override patents on vital drugs and order copies from cheaper, generic suppliers.
ISLAMABAD, June 18, 2011 (Frontier Star): Prime Minister Syed Yusuf Raza Gilani emphasized upon increased market access for Pakistani exports to European Union and stressed for early operationalization of trade concessions by obtaining WTOs waiver which has been held up since long.
- an agreement to enshrine in the WTOs intellectual property agreements the conditions for a better access to cheap drugs against pandemics;
"With less than three months to go before the WTOs ministerial meeting in Hong Kong, now is not the time for short-sighted intransigence.