Following are the objective of the world trade organisation -
- The foremost objective of WTO is to enforce new world trade regulation system.
- To encourage world trade in such a way so that each country gets the benefit from it.
- To remove all the hurdles/bottlenecks in the way of open world trade system.
- To encourage competition among all the trade partners for the benefit of consumer.
- With the idea to increase the level of employment in the whole world, to increase commensurately the productivity and the level of production.
- To maximum explore and make the best utilisation of the resources of the world.