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Pak Studies Geography IGCSEprinted 137 · PDF 137
162 pagesrevision 46929
printed 137 · PDF 137
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Functions:
○ Located near mining sites in Balochistan.
○ Processes minerals locally to add value before export.
○ Promotes regional development in a remote area.
World Trade Organization (WTO) and Pakistan
What it is:
The
WTO
is a global organization that promotes
free and fair trade
between
countries by reducing tariffs, quotas, and
tradebarriers.
Pakistan became a member in 1995.
Functions and Role for Pakistan
1. Promotes fair trade:
Helps Pakistan access international markets under equal trading rules.
2. Reduces trade barriers:
Encourages other countries to lower tariffs on Pakistani exports like textiles and
rice.
3. Resolves disputes:
Pakistan can appeal to the WTO if another country imposes unfair restrictions on
its goods.
4. Encourages reforms:
Motivates Pakistan to modernize industries and follow international trade
standards.
5. Supports exports:
By ensuring a more stable global trading environment, the WTO helps Pakistan
expand its exports and attract foreign investment.
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