World Trade Organization

noun

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

Example Sentences

Officials said the plans, which need approval from the European Parliament and the council to move forward, are fully compliant with the World Trade Organization.

Read more on The Wall Street Journal

China's car industry has been developing rapidly since the country joined the World Trade Organization in 2001.

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The World Trade Organization has a moratorium on digital goods until 2026, and films would presumably fall into that category.

Read more on Salon

Adding to the obstacles, the World Trade Organization also has a moratorium on taxation of digital trade that runs through March 2026, he said.

Read more on Los Angeles Times

The World Trade Organization said on Wednesday that global trade will shrink as a result of the tariffs while the International Monetary Fund downgraded its predictions for growth because of them.

Read more on BBC