The World Trade Organization (WTO) is an international organization that deals with the global rules of trade between nations. It was established in 1995 and is based in Geneva, Switzerland. The main goal of the WTO is to ensure that trade flows as smoothly, predictably, and freely as possible.

The WTO helps to negotiate trade agreements between its member countries and resolves disputes that may arise. It also provides a forum for countries to discuss and negotiate trade issues.

Overall, the WTO plays a crucial role in promoting international trade and economic development. By setting rules and regulations for trade, the organization helps to create a more stable and predictable trading environment for businesses and countries around the world.