The WTO Rules are international regulations that govern global trade between member countries. They aim to ensure fair competition, reduce trade barriers like tariffs and quotas, and resolve trade disputes through a structured dispute settlement system. The rules cover areas such as trade in goods, services, intellectual property rights, and investment-related measures, promoting transparent, predictable, and equitable international trade.

Key points:

• Promotes free and fair trade among countries.

• Reduces tariffs, quotas, and discriminatory trade practices.

• Provides a dispute settlement mechanism for member nations.

• Covers goods, services, and intellectual property.

• Ensures non-discrimination (Most-Favored-Nation & National Treatment principles).