International Trade

The World Trade Organization (WTO) came into effect on January 1, 1995, succeeding the General Agreement on Tariffs and Trade (GATT). The Uruguay Round of negotiations (1986–1994) led to the Marrakesh Agreement, which formally established the WTO. The organization was created to oversee international trade rules and resolve disputes between member nations. Final Answer: 1995

The World Trade Organization (WTO) came into effect on January 1, 1995, succeeding the General Agreement on Tariffs and Trade (GATT). The Uruguay Round of negotiations (1986–1994) led to the Marrakesh Agreement, which formally established the WTO. The organization was created to oversee international trade rules and resolve disputes between member nations. Final Answer: 1995