 
Implementation, administration and operation of
the covered agreements
The WTO facilitates the implementation,
administration and operation of the WTO Agreement
and the Multilateral Trade Agreements, and
furthers their objectives. It also provides the
framework, for those of its Members that have
accepted them, for the implementation,
administration and operation of the Plurilateral
Trade Agreements.
Forum for
negotiations
The WTO provides the forum for
negotiations on multilateral trade relations in
matters covered by its various agreements. It may
also, on decision by the Ministerial Conference,
provide a forum for further negotiations, and a
framework for the implementation of their
results, on other issues arising in the
multilateral trade relations among its Members.
Dispute
settlement
The WTO administers the integrated dispute
settlement system, which is a central element in
providing security and predictability to the
multilateral trading system, serving to preserve
the rights and obligations of the Members of the
WTO.
Review of
national trade policies
The WTO administers the Trade Policy Review
Mechanism, which is designed to contribute to
greater transparency and understanding of the
trade policies and practices of WTO Members, to
their improved adherence to the rules,
disciplines and commitments of the multilateral
trading system, and hence to the smoother
functioning of the system.
Coherence
in global economic policy-making
A Ministerial Declaration adopted
at the Marrakesh Ministerial Meeting recognizes
the role of trade liberalization in achieving
greater coherence in global economic
policy-making. For this purpose, the WTO
cooperates, as appropriate, with the
International Monetary Fund and with the World
Bank.
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