Rules of Trade

Rules of Trade

The World Trade Organization (WTO) is the global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments.

The goal is to ensure that trade flows as smoothly, predictably and freely as possible. ITD train companies and public sector on the WTO Agreements and the application of these rules on trade.

Agreement on Trade in Goods

Agreement on Trade in Services (GATS)

• Cross-border movement of services
• Movement of customers to the country of importation
• Establishment of commercial presence in the country where services is to be provided
• Temporary movement of natural persons to another country in order to provide the service there

Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS)