|Member and observer states of the World Trade Organization (WTO). Map by Evan Centanni, starting from public domain blank map (license: CC BY-NC-SA).|
World Trade Organization Admits Yemen
The World Trade Organization (WTO), a global organization founded in 1995 to promote the management and expansion of international trade, added Yemen as a new member in late June. This comes after the admission of four new members in 2012, and two more in early 2013.
Yemen, located on the southern
Arabian Peninsula, was approved for
at the Ninth Ministerial Conference of the WTO in Bali,
Indonesia. The nation officially
became a member on
June 26, 2014,
placing the entire peninsula under the
organization’s representation. Yemen’s admission comes despite recent political
turmoil in the country, including an Arab Spring uprising and rebel control
of large areas of its territory. Yemen is the seventh least
according to the WTO.
| Organization Name: |
• World Trade Organization (English)
• Organisation mondiale du commerce (French)
• Organización Mundial del Comercio (Spanish)
Founded: 1994 in Marrakech, Morocco (commenced in 1995)
Headquarters: Geneva, Switzerland
There are also 24 WTO “observers”, states that are partially included in the organization and have applied for membership (excepting the Holy See, which does not plan to apply). There are only 14 UN members which are neither members nor observers of the WTO.
WTO logo is displayed without permission, based on fair use principles (source).