International Trade Organization (Kylaris): Difference between revisions
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| name = International Trade Organization<br>Organisation internationale du commerce | | name = International Trade Organization<br>Organisation internationale du commerce | ||
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| image = | | image = itologo.png | ||
| caption = Official logo of ITO | | caption = Official logo of ITO | ||
| map = ITO map.png | | map = ITO map.png | ||
Revision as of 20:20, 31 December 2019
 Official logo of ITO | |
 Members Members, dually represented by the EC Observers Non-participant states | |
| Formation | 1 January 1995 |
|---|---|
| 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 |
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.
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.