World Health Organisation: Finance
The question
To ask the Secretary of State for Business and Trade, whether his Department has plans to increase funding to the World Trade Organisation.
Answered by Mr Douglas Alexander
The UK’s funding to the World Trade Organization (WTO) is, as for all members, determined by the WTO itself, as agreed to by the UK under the conditions of membership in Article VII of the Marrakesh Agreement establishing the WTO, which entered into force on 1 January 1995. The membership fees are calculated by use of an established formula based on each Member’s share of international trade (based on trade in goods, services and intellectual property rights for the last five years for which data is available).
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