Turkmenistan has applied to join the World Trade Organization (WTO). WTO Director General Ngozi Okonjo-Iweala announced this on Twitter today.
The document was presented to the head of the WTO by Permanent Representative of Turkmenistan Atageldy Haljanov.
“Turkmenistan is submitting its application to begin the process of joining the WTO,” the statement said.
Recall that Turkmenistan received observer status in the WTO on July 22, 2020.
The World Trade Organization was established in 1995. The purpose of the WTO is to help streamline trade within a rules-based system, as well as objectively resolve trade disputes between governments and organize trade negotiations. These activities are based on 60 WTO agreements. Currently, 164 countries and territories are members of the WTO.