Ensuring better telephone connections
The price of an international phone call – or computer connection – has fallen dramatically since the 1997 Telecommunications Agreement of the World Trade Organization (WTO). This agreement was aimed at both opening and, even more importantly, regulating the telecommunications sector of WTO Members. This has provided better telephone connections in many developing countries, with positive effects on the well-being of their populations.
The World Trade Organization (WTO) is the only international organization dealing with the rules of trade between nations. It focuses on negotiating trade rules and settling commercial disputes.