World Trade Organization

British  

noun

1. an international body concerned with promoting and regulating trade between its member states; established in 1995 as a successor to GATT

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Example Sentences

In October, the World Trade Organization estimated that global merchandise trade volume would grow 2.4% this year, up from its August prediction of 0.9%.

From The Wall Street Journal

The final agreement launched an on-going dialogue on trade for future UN climate talks, involving governments as well as other actors like the World Trade Organization.

From BBC

Second, China applied to join the World Trade Organization, ultimately enabling it to sell its rare-earth elements to a global market.

From MarketWatch

Its July 2025 statement enthusiastically endorsed both the IMF and the World Bank, and put the World Trade Organization at the center of the global trading system.

From Salon

In the decades since China’s accession to the World Trade Organization in 2001, those hopes of political liberalization have largely been dashed.

From The Wall Street Journal