The World Trade Organization (WTO) is responsible for setting the rules of international trade. However, these rules can only be established through the agreement of the WTO member countries. So, how do these members reach agreements on trade? Let`s find out.

One of the primary means by which members of the WTO reach agreements on trade is through negotiations. These negotiations can take place in various formats, such as bilateral and multilateral negotiations. During these negotiations, countries may make concessions or compromises in order to reach an agreement that benefits all parties involved.

Another means of reaching agreements is through the dispute settlement process. If a member country believes that another member country is engaging in unfair trade practices, the WTO provides a forum for resolving these disputes. A panel made up of trade experts will hear both sides of the argument and issue a ruling. If the ruling is in favor of the complaining country, the offending country may be required to change its policies or practices.

Additionally, the WTO holds regular councils and committees where members can discuss and negotiate trade-related issues. These councils and committees are responsible for overseeing the implementation of WTO agreements and provide an opportunity for members to voice their concerns and make suggestions for improvements.

Finally, the WTO also engages in technical assistance and capacity building programs to help member countries develop the necessary infrastructure and capabilities to participate in international trade. These programs aim to help developing countries participate in the global economy and benefit from international trade.

In conclusion, the WTO provides a framework for member countries to reach agreements on trade through negotiations, dispute settlement, regular councils and committees, and technical assistance programs. These means allow for a collaborative and fair approach to international trade, benefiting all parties involved.