GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following country is not the member of the WTO?
A
Iran
B
Azerbaijan
C
Belarus
D
None of these
Explanation: 

Detailed explanation-1: -Iran, Algeria, Belarus, Serbia, Sudan, Turkmenistan are some important countries that are not a member of WTO.

Detailed explanation-2: -India has been a WTO member since 1 January 1995 and a member of GATT since 8 July 1948.

Detailed explanation-3: -Iran has an observer status at the World Trade Organization (WTO) since 2005. The United States has consistently blocked Iran’s bid to join the WTO since Tehran first asked for membership several years ago. Iran has allocated $20 billion in loans to launch 20 trade centers in other countries.

There is 1 question to complete.