Cambodia has been a member of WTO since 13 October 2004.
When did Cambodia join trips?
Cambodia became a member of WTO on 13 October 2004 thirty days after it notified WTO that its parliament had ratified the Protocol. Cambodia, along with Nepal, was the first Least Developed Country (LDC) to have succeeded in acceding to the WTO, since WTO’s transformation from the GATT in 1995.
What is the advantage of Cambodian membership in the WTO?
Second, by joining the WTO, Cambodia has been offered and will be offered a new opportunity for comprehensive national reforms. The fact is that Cambodia is able to attract more Foreign Direct Investments, eliminate the poverty within the country, and access its economy into the world market and so on.
What was WTO membership in 1995?
Since the WTO was established on 1 January 1995, seven countries have become WTO Members. These are: Ecuador, Estonia, Latvia, Kyrgyz Republic, Mongolia and Panama. The WTO is awaiting notification of ratification from Georgia.
Who is not in the WTO?
Only 14 countries are not WTO members. These nations do not wish to become members. They are Aruba, Eritrea, Kiribati, Kosovo, Marshall Islands, Micronesia, Monaco, Nauru, North Korea, Palau, the Palestinian Territories, San Marino, Sint Maarten, and Tuvalu.
Where is the headquarters of WTO?
How many WTO members were there in 1995?
The World Trade Organization came into being on 1 January 1995. There were 76 Members from the beginning, and an additional 36 Members will have joined by 13 December 1995, bringing the total to 112.
Is China a member of WTO?
China has been a member of WTO since 11 December 2001.