International Trade Organization (Kylaris)

International Trade Organization
Organisation internationale du commerce

Official logo of the ITO
Formation	1 January 1995 (1995-01-01)
Purpose	To encourage and regulate international trade
Headquarters	Spálgleann, Caldia
Official language	Estmerish Gaullican
Director	Domenica Giordàn
Budget	209 million Euclo
Staff	650
Website	ito.org

The International Trade Organization (ITO) is an intergovernmental organization which promotes and regulates international trade. Its primary goal is the multilateral reduction of barriers to trade, especially in the form of quotas and tariffs, and the establishment of uniform rules designed to make global trade free and fair. The ITO officially commenced on 1 January 1995 under the City Agreement signed on 15 April 1994, replacing the World Agreement for Trade (WAT), which commenced in 1938.

Current ITO Director Dominica Giordàn

The ITO takes major decisions at its International Trade Conference held every two years, at which national ministers of finance meet to determine what actions should be taken to further encourage the development of trade. Day-to-day governance is the responsibility of the Director of the ITO, currently Montecaran politician Dominica Giordàn (since 1 January 2020). She is supported in her work by a secretariat consisting of approximately 650 staff members.

Members

Membership in the ITO is open to any country or territory that controls its own customs territory. This includes all sovereign states as well as autonomous and external territories that maintain their own customs controls and tariff schedules, as well as supranational organizations such as the Euclean Community that include a customs union. All EC members, in fact, are dually represented by both their national governments and by the EC as a whole.

Presently, every sovereign nation in the world is a full member of the organization, as is the non-sovereign territory of Jindao.