Chapter One - Overview

Introduction  2

Trade rebounds in 1999  2

A dynamic work programme  2

Progress on accessions  3

Democratic foundations of the WTO  4

A positive agenda on globalization  4

Towards a new Round  4

Chapter Two - World trade developments

Main features  6

World trade in 1999  9

Chapter Three - Trade policy developments in 1999

Trade policy developments in 1999  20

Developments by Region  24

Chapter Four - WTO activities

Part I  28

WTO accession negotiations  28

The Ministerial Conference  28

Work of the General Council  30

Trade in goods  34

Trade in services  52

Trade-related aspects of intellectual property rights (TRIPS)  54

Resolution of trade conflicts under the WTO's Dispute Settlement Understanding  57

Trade Policy Review Mechanism  79

Committee on Balance-of-Payments Restrictions  80

Committee on Regional Trade Agreements  80

Committee on Trade and Development  80

Committee on Trade and Environment  81

Plurilateral agreements  82

Part II  84

Technical cooperation  84

Training  84

Cooperation with other international organizations  85

Annex I - New publications  90

Annex II - Trade Policy Review Body - Concluding remarks by the Chair of the Trade Policy Review Body  94

Chapter Five - Organization, secretariat and budget

The organization  102

Secretariat  103

WTO Secretariat: divisions  107

WTO budget 2000  112