Question

EU and WTO

26 Aug 2021
Answer :
Word Count : 388

The EU and the WTO

So far, the EU has played a central role in developing the international trading system since World War II. Currently, the EU is exploring the possibility of modernising the WTO[4].

Like the GATT (and later the WTO), the EU was itself originally designed to remove customs barriers and promote trade between its Member States. The EU single market was partly inspired by GATT principles and practices. The Union has always been among the main promoters of effective international trade based on the rule of law. Such a system helps ensure that its ________ ________ ____ _______ ________ ____ __________ ________ _____ ______ ___.
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