World Trade Organization

The World Trade Organization (WTO) is an independent international organization headquartered in Geneva, Switzerland, that sets and maintains the rules of global trade. Representatives from more 159 member countries use the WTO framework to negotiate trade agreements, adjudicate trade disputes and review national trade policies. By having a standard set of consistent and enforceable ground rules, international trade can prosper without facing barriers such as excessive tariffs, unfair regulations and other obstacles. Countries participating in this freer global trade environment help expand the world economy and increase their own citizens’ level of prosperity.

Data & Analysis

On July 18, 2013, the European Commission stopped providing export subsidies for poultry exports.
The EU is plagued by a highly regulated system that has hindered its ability to react to the supply shortfalls seen over the last few years.
Kazakhstan's draft biotech law could remain stalled until the country's WTO accession. Meanwhile, new Customs Union regulations address labeling and import of biotech products.