The World Trade Organization (WTO) aims to facilitate international   trade by creating a transparent and predictable environment for its member countries. Established in 1995, it replaced the General Agreement on Tariffs and Trade (GATT) and expanded its scope to include services and intellectual property rights. The WTO seeks to promote economic growth and development by    reducing trade barriers and ensuring fair competition globally. It emphasizes nondiscriminatory trade policies, encourages cooperation among member countries, and provides a platform for negotiation and dispute resolution. Additionally, the WTO acknowledges the importance of addressing broader societal goals such as environmental protection and labor rights while promoting trade liberalization. In essence, the WTO plays a pivotal role in shaping the rules and norms governing international trade, contributing to the prosperity and development of nations worldwide.

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