Organizations Influencing Trade By:

World Trade Organization (WTO) Formerly known as the General Agreement on Tariffs and Trade (GATT). Its members agree to ongoing negotiations and to reducing tariffs and trade restrictions. WTO also contributes to world peace by allowing disputes to be handled constructively.

World Economic Forum Independent, not-for-profit foundation formed in It is committed to raising the level of corporate citizenship in its member countries. It works to define key international issues Some of these issues include: –Development and investment in Africa, the global health initiative and debt relief in African nations.

Organization of Economic Cooperation and Development Consists of developed and developing nations that help formulate social, economic, trade, development, education and scientific policies. It allows governments to discuss and develop economic policy. Another aim is to cut down on bribery and corruption in world markets. It is financed by member countries according to the weight or size or the economy.

World Bank Group Largest source of development assistance, providing nearly $16 billion USD in loans. Uses resources to help developing countries onto a path of stable, sustainable growth in the fight against poverty. It supports countries with financial assistance and partnerships.

International Chamber Of Commerce World business organization promoting open international trade and investment. Trade is a powerful force for peace and prosperity. Established in Govern the conduct of businesses across borders including shipping and transactions. Acceptance of rules are voluntary.

International Monetary Fund Focus is on international monetary cooperation and stability in foreign exchange. IMF has 182 member countries. Provides temporary financial assistance to countries to help ease economic difficulties.

National Organizations- Canadian International Development Agency

National Organizations- VSO Canada

The End Great Job!