Small Industries Service Institute Karnal
W.T.O  ( World Trade Organisation )

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There is no economic activity in the world which will remain unaffected by World Trade Organisation and its agreements. It is generally believed that W.T.O. is related to industries or the people who are engaged in industrial trade. But WTO is equally important for farmers, scientist, doctors, singers, writers etc. To safe-guard the interest of Indian SMEs, it is very important to make them aware about the challenges of WTO in a country as diversed in India.

Some Facts about WTO :

The World Trade Organisation (are into being in 1995 in Marrakesh, as a successor to the general agreement on Tariffs and Trade (GATT) established after the second world. The secretarial is based at Geneva.

WTO has 142 members accounting for over 90 percent of World Trade.

While the GATT the updated version remains the principal rule-book for trade in goods.
Uruguay round and the new rules for dealing with trade in services intellectual property and dispute settlement and trade policy reviews.

All WTO decision are taken by the entire membership, typically by consensus though a majority vote can be taken, it has not happened since WTO replaced GATT, the top decision making level is the Ministerial conference.

At the heart of the system-known as the multilateral trading system-are to WTO's agreements, negotiated and signed by the members. The complete set of rules runs into approximately 30,000 pages and consists to agreements and commitments (technically called schedules).

To make the Indian SME's aware (to facilitate clear and comprehensive understanding of WTO), SISI, Karnal regularly organizes WTO SENSAITISATION WORKSHOP. The duration may be from one to two days depending upon the programme and the need felt. 

The following topics are covered during these programme.

An overview of WTO agreements.
WTO agreements and right of Intellectual properties on patent
Impact of WTO agreements on SME's
WTO & some vital issues for SSI's
Feedback and interactions
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