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Q.

The World Trade Organisation was established in ____.


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Detailed Solution

The World Trade Organisation was established in 1995 and officially began operation on January 1, 1995, under the Marrakesh Agreement, which took effect on January 1, 1996. It had 159 members. The organization carries out its work through five official bodies. The organization is based in Geneva, Switzerland, and was founded on April 15, 1995. The agreement establishing the WTO came into effect on January 1, 1996, when the ministerial conference in Marrakech, Morocco finalized negotiations on the Uruguay Round.
 
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