Abstract
Article history: Received January 16, 2013 Received in revised format 14 April 2013 Accepted 16 April 2013 Available online April 17 2013 The world Trade Organization (WTO) is one of the few organizations, which could significantly influence on foreign trade and consequently on the economic structure of the countries. There are literally different people in Iran who either encourage or discourage WTO membership. Therefore, it is important to analyze Iran’s WTO membership to empower Iranian handmade carpet in international trades and to help improvement in quality of production. The purpose of this research is to study the effects of Iran’s membership in WTO to empower this industry by performing an empirical survey among 100 experts in this industry. Findings demonstrate that access to WTO plays an important role on increasing production of handmade carpet and developing this industry. In addition, the industry needs to incorporate the recent advances on technology to ensure cost efficient production materials. The industry also needs more creative and innovative ideas due to an increase competition in handmade carpet producers from other countries. © 2013 Growing Science Ltd. All rights reserved.
Highlights
World trade organization (WTO) was established in (1947) to facilitate international trade and provide a better framework for people to access better quality and price efficient products and services
WTO is an inter-governmental agency, which serves as a forum for trade negotiations where members draft and sign agreements represented by central government authorities
The membership of WTO consists of 135 governments, which represent 90 per cent of international trade
Summary
World trade organization (WTO) was established in (1947) to facilitate international trade and provide a better framework for people to access better quality and price efficient products and services. There are four objectives associated with WTO including non-discrimination, predictable and growing access to markets, Fair competition and Transparency. WTO is an inter-governmental agency, which serves as a forum for trade negotiations where members draft and sign agreements represented by central government authorities. The membership of WTO consists of 135 governments, which represent 90 per cent of international trade. Fair trade is considered as a growing global movement and it is a complement for conventional trade, allowing for more equal distribution between under-developed and developed countries (Wielechowski & Roman, 2012)
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