How does the WTO promote fair competition?

According to the WTO Cell - Industries, Commerce & Investment Department, Govt. of the Punjab, the WTO lays down rules that favour fair competition by discouraging unfair trade practices such as dumping and export subsidies. Though, unfair practices in reality persist in a number of cases e.g. subsidies by developed countries to their farmers.

Note: The above information is based on the Frequently Asked Questions (FAQs) booklet, issued by the WTO Cell Industries, Commerce & Investment Department, Govt. of the Punjab. Please visit the official website of the Govt. of Punjab for up-to-date information and details.

Tags: Trade, Business, WTO, Pakistan

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