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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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

China has called the move "trade protectionism" which "violates World Trade Organization rules".

From BBC

In a briefing with Mahmud after the talks, Wong said that Australia was eager to support Bangladesh as it graduates from least developed country status at the World Trade Organization to developing in 2026.

For it’s part, China maintains that the tariffs are in violation of the global trade rules that the United States originally helped establish through the World Trade Organization.

It also objected in a formal complaint to the World Trade Organization to recent U.S. legislation offering subsidies to incentivize domestic manufacturing of electric vehicles.

Those were ruled to be in breach of global trade rules by the World Trade Organization and were later dialled back for many countries.

From BBC

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