Description: The Economic Commission for West Asia (ECWA) was established on 9 August 1973 in accordance with Economic and Social Council Resolution 1818 (LV). The aim of the Commission was to increase the level of economic activity in the Member States and to strengthen cooperation between them. It should also meet the needs of West Asian countries for the services of a regional economic commission to promote development efforts in the region. Description: The International Monetary Fund (IMF) is an organization of 188 countries working to promote global monetary cooperation, ensure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reduce poverty around the world. NAFTA aims to remove customs barriers and liberalize investment opportunities and trade in services. NAFTA includes Canada, Mexico and the United States, where they came into force in 1994. The United States and Canada have had different forms of mutual economic cooperation in the past. They signed the Canada-U.S. Free Trade Agreement effective January 1, 1989, which eliminated all tariffs on bilateral trade as of January 1, 1998. In February 1991, Mexico approached the United States to conclude a free trade agreement. Canada was also involved in the formal negotiations that began in June 1991. The resulting North American Free Trade Agreement came into force on January 1, 1994. [2] Description: The central legal body of the United Nations system in the field of international trade law.

A global body of universal membership law, which has specialized in trade law reform worldwide for more than 40 years. UNCITRL`s activities are the modernization and harmonization of the rules governing international affairs. The World Trade Organization (WTO) developed following the Uruguay Round of THE GATT. The WTO concept was officially stagnated on 1 January 1995 and has been in development for several years. When the WTO replaced THE GATT, it absorbed all the permanent GATT agreements. Unlike GATT, which is a number of agreements, the WTO should be a genuine institution charged with promoting free and fair trade. As its website states, the WTO is “the only global international organization to deal with the rules of trade between nations. The focus is on WTO agreements, which have been negotiated and signed by most countries in the world and ratified by their parliaments.

The goal is to help manufacturers of goods and services, exporters and importers do business. The main objective of the WTO is to serve as a forum for negotiating trade issues for Member States, to discuss, discuss and discuss trade-related issues. The WTO conducts not only a series of trade agreements such as those concluded under the GATT, but also discussions on the issues of globalization and its impact on people and the environment, as well as on trade-related issues. It does not necessarily create formal agreements in all of these areas, but it provides a forum to discuss the impact of global trade on other aspects of the world. Description: The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established on January 24, 1997. Supports economic development and regional cooperation by providing commercial and project financing, guarantees and equity for development projects that support public and private enterprises in their Member States. The Bank`s objectives include promoting regional trade relations, transnational projects, foreign direct investment, supporting activities contributing to sustainable development, focusing on creating jobs in Member States, ensuring that each operation is economically and financially sound and contributing to the development of a market orientation.