Indian Economy / International Organizations
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World Trade Organization (WTO) was established in the year 1995 after Uruguay round of GATT (General Agreement on Tariffs and Trade). Headquarters of WTO is situated in Geneva. Director General of WTO is the head of the organization but most of the decisions are adopted at the Ministerial Conference. In order to bring coherence in economic policy making at global level, the Ministerial Conference assembles at least once in every two years.