Achievements of WTO
The WTO has several achievements as listed below:
Enhanced the value and quantity of trade.
Eradicated trade and non trade barriers.
Broadened the trade governance scope to trade in investment, services and intellectual property.
Emerged as a greater institution than GATT.
Expanded the WTO agenda by including developmental policies.
Eased settlement of disputes by enforcing improved rules.
Improved monitoring by introducing the Trade Policy Review and the World Trade Report
Increased transparency by removing green room negotiations
Encouraged sustainable trade development