The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. ![]() In the United Nations System, governments use the organization to establish, revise, and enforce the rules that govern international trade. ![]() The World Trade Organization ( WTO) is an intergovernmental organization that regulates and facilitates international trade.
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