The World Trade Organization (WTO) was officially established on 1 January 1995 as part of the Marrakesh Agreement to monitor and liberalize international trade between participating countries. The WTO provides a framework for the negotiation and formalization of trade agreements, as well as a dispute settlement procedure aimed at enforcing WTO agreements by participants who have been signed by representatives of member governments. The Organization is working to conclude negotiations on the Doha Development Round, which was launched in 2001 with an explicit focus on the needs of developing countries. Since June 2012, the future of the Doha Round has been uncertain. In order to ensure effective protection against unfair competition, in accordance with Article 10 bis bis of the Paris Convention, each party ensures that individuals have the legal means to prevent trade secrets that are legally under their control from being disclosed, acquired or exploited by others (including state-owned enterprises) without their consent. , in a manner contrary to honest business practices. In the area of intellectual property, the North American Free Trade Agreement made changes to U.S. copyright, providing for the Uruguay Round Agreements Act of 1994 by restoring copyright (within NAFTA) for certain films that had been made public. The WTO monitors some 60 different agreements that have the status of international legal texts. Some of the main agreements are: 28 For the purposes of this article, an „agreement in principle“ refers to an agreement involving another government, government entity or international organization for which political agreement has been reached and the outcome of the agreement negotiations has been made public. One of President Trump`s main goals in the renegotiation is to ensure that the agreement benefits American workers.
The United States, Mexico and Canada have approved a laboratory chapter that brings work obligations to the heart of the agreement, makes them fully applicable and is the strongest provisions of any trade agreement.