Functions of the WTO:
To achieve the above and other related objectives, the functions of the WTO include:
i. Facilitating the implementation, administration and operation of the objectives of the Agreement and of the Multilateral Trade Agreements.
ii. Providing the framework for the implementation, administration and operation of the plurilateral Trade Agreements relating to trade in civil aircraft, government procurement, trades in dairy products and bovine meat.
iii. Cooperating with the IMF and the World Bank and its affiliated agencies with a view to achieving greater coherence in global economic policy-making.
The organization of the WTO is headed by the Ministerial Conference of representatives of all member countries. It carries out the functions of the WTO. There is also the General Council of representatives of all member countries sitting in Geneva on a regular basis to oversee the operations of the WTO Agreements and Ministerial decisions.
The major criticism of the WTO is that the developing member countries have not succeeded in getting market access in developed countries. The opening of market since the WTO Agreement has been only in the developing countries.