World Trade Organisation WTO and the issues of further reductions of international trade barriers in the condition of globalisation

Abstract

World Trade Organisation WTO and the issues of further reductions of international trade barriers in the condition of globalisation

The author analyses WTO’s role in activities leading towards reducing trade barriers in conditions of globalisation. He underlines the organisation’s achievements in reducing customs’ barriers in the postwar economy, particularly in the last decade of the XXth century. In the article the author examines new aspects of globalisation process which started after 2001 as well as problems connected with the Doha round of WTO negotiations liberalizing international trade. The author scrutinizes the appearance of China as a new important actor in international economic relations.