The World Trade Organization is the only international trading body (WTO). The WTO’s principles were established in 1995 and are based on many conventions that have been ratified by a number of countries throughout the world.
The WTO accords attempt to regulate the actions of goods and services suppliers, exporters, and importers. The World Trade Organization (WTO) was founded on the basis of a number of earlier agreements, including the Uruguay Round, the General Agreement on Tariffs and Trade (GATT), and others.
Indonesia’s principal role in the WTO has been to negotiate the Doha Development Agenda. Indonesia’s participation and position in the DDA negotiations are focused on national interests in order to promote economic growth and relieve poverty.
Indonesia has also worked to establish positions in other WTO groups that promote the DDA’s development goals. Indonesia has also been involved in problems that have significant implications for the country, such as economic growth, intellectual property, climate change, and WTO multilateral trade laws.