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In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news?
WTO affairs
SAARC affairs
UNFCCC affairs
India-EU negotiations on FTA
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade between nations. ... The WTO also administers independent dispute resolution for enforcing participants' adherence to trade agreements and resolving trade-related disputes.Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other.
The first step is to talk. The WTO was born out of negotiations, and everything the WTO does is the result of negotiations. The bulk of the WTO's current work comes from the 1986-94 negotiations called the Uruguay Round and earlier negotiations under the General Agreement on Tariffs and Trade (GATT). The WTO is currently the host to new negotiations, under the “Doha Development Agenda” launched in 2001
By: Barka Mirza ProfileResourcesReport error
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