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JOB/IP/87 June 2013Council for Trade Related Aspects of Intellectual Property Rights Page 1/2 Original: EnglishDRAFT DECISION ON THE EXTENSION OF THE TRANSITION PERIOD FOR LEAST DEVELOPED COUNTRIES
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Research and understand the benefits and responsibilities of being a member of the World Trade Organization (WTO).
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Countries or economies that engage in international trade and seek to benefit from the rules-based trading system established by the WTO.
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Businesses and industries operating in countries that are WTO members, as they can access markets more freely and benefit from reduced trade barriers.
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WTO members agree to abide by the rules and regulations set out by the World Trade Organization.
All member countries of the World Trade Organization are required to file agreements to comply with their obligations under the WTO agreement.
Members can fill out the agreements online through the WTO website or submit them through their respective trade ministries.
The purpose of members agreeing to the rules set out by the WTO is to promote free and fair trade among countries.
Members must report on their trade policies, tariffs, and any changes that may affect their trading partners.
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