World Trade Organization:
The World trade organisation was created in the year of 1995 and the head quarters of this organisation is Geneva, in Switzerland. At present, the number of members of this organisation are 164 and it's official languages are English, Spanish and French languages.
The major reasons for why this organisation was created are;
1) To form new trade agreements and to manage these agreement.
2) The trade between the countries regarding the goods and services should be fair also along with being smooth.