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Unit 2: World Trade Organization




          2.3 Establishment of World Trade Organization                                         Notes

          The administrative framework of WTO is shown in the given chart:

                                    Figure 2.2: Framework of WTO


















































          2.4 The Uruguay Round Package: Organization Structure of the WTO

          The Uruguay Round began in 1986. It was the most ambitious round to date, hoping to expand
          the competence of the GATT to important new areas such as services, capital, intellectual property,
          and agriculture.
          Agriculture was essentially exempted from previous agreements as it was given special status
          in the areas of import quotas and export subsidies, with only mild caveats. However, by the
          time of the Uruguay round, many countries considered the exception of agriculture to be
          sufficiently glaring that they refused to sign a new deal without some movement on agricultural
          products. These fourteen countries came to be known as the “Cairns Group”, and included
          mostly small and medium sized agricultural exporters such as Australia, Brazil, Canada,
          Indonesia, and New Zealand.





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